US Senate Banking Subcommittee on Financial Institutions and Consumer Protection

US Senate Banking Subcommittee on Financial Institutions and Consumer Protection latest

Brown spearheaded a letter signed by more than one-third of Democratic senators urging President Obama to nominate Yellen to lead the Federal Reserve System.

January 7th, 2014 - 05:23 GMT

For the first time ever, a woman is about to lead the US Fed

Janet Yellen has been the vice chair of the Fed’s Board of Governors since 2010 and will take over from Ben Bernanke when his second four-year term as Chairman of the Federal Reserve ends on 31 January 2014.