Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Yellen Fed Nomination Could See Nov. 14 Senate Banking Hearing
WASHINGTON (10/30/13)--A Senate Banking Committee hearing on Janet Yellen's nomination to lead the Federal Reserve could be held on Nov. 14, according to Reuters (Oct. 28).

The committee plans to hold preliminary meetings with Yellen this week, Reuters added.

Yellen was nominated earlier this month by President Barack Obama. If confirmed, she would replace outgoing Fed Chairman Ben Bernanke when his term ends on Jan. 31.  She would become the first woman to  head the Fed, or any other central bank.

Yellen has served as vice chair of the Board of Governors of the Federal Reserve System since Oct. 4, 2010. Her term ends on Jan. 31, 2024. She also has served as president/CEO of the Twelfth District Federal Reserve Bank, at San Francisco.


RSS





print
News Now LiveWire
16.9% of U.S. homeowners underwater, down from peak 31.4% in 2012, reports @zillow http://t.co/EbILqY1HMz
13 hours ago
Breaking at #NewsNow: President Obama signs IOLTA bill into law. http://t.co/5N741Bygmn
15 hours ago
.@edmunds says the week between Christmas and New Year's is the busiest car shopping time of the year.
16 hours ago
.@CFPB sues Sprint for cramming 3rd-party service fees onto consumers' bills http://t.co/mhlMWqLKku
16 hours ago
#HomeDepot #databreach lawsuits consolidated in Georgia http://t.co/A4bei5z0mV
17 hours ago