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Tag Archives: Brooklyn

Obama to Pick Yellen

09 Wednesday Oct 2013

Posted by scoroncocolo in Uncategorized

≈ 1 Comment

Tags

Barack Obama, Brooklyn, Central bank, Federal Reserve Bank of San Francisco, Federal Reserve System, Janet Yellen, Presidency of Bill Clinton, San Francisco Federal Reserve Bank, vice chairwoman, White House

Janet Yellen has been nominated by President Obama to be the head of the Federal Reserve. Ms. Yellen, 67, who has been the Fed’s vice chairwoman since 2010, would be the first woman to run the central bank. A native of Brooklyn, she was previously president of the Federal Reserve Bank of San Francisco, a White House adviser, a Fed governor during the Clinton administration and a longtime professor at the University of California, Berkeley. Her four-year appointment as chairwoman must be confirmed by the Senate.

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