Obama to Nominate Yellen to Fed Post

Wednesday, 09 October 2013 | by Pat's Picks

President Obama is expected to nominate Federal Reserve Vice Chair Janet Yellen to lead the U.S. central bank. She would become the first woman to become Fed Chair. The Washington Post says Yellen is a renowned economist focused on combating unemployment. Analysts expect her to continue the approach set forth by outgoing Fed Chair Ben Bernanke.

SOURCE: Washington Post