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Response to Tansy_Gold (Original post)

Fri Nov 22, 2013, 09:21 AM

19. Janet Yellen one step closer to Federal Reserve top job

http://www.bbc.co.uk/news/business-25037335

Janet Yellen is closer to becoming the next head of the US Federal Reserve after her nomination was approved by a US Senate banking committee.

Ms Yellen, 67, is currently the Fed's deputy chair and will replace incumbent Ben Bernanke in January, becoming the first woman ever to hold the post.

US president Barack Obama nominated her for the role in October.

Her nomination was expected after former Treasury Secretary Larry Summers withdrew his candidacy in September.

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