WHAM13 - Search Results
President to nominate Fed Reserve chair Wednesday
Washington, D.C. With all eyes on finances in Washington, President Obama is set to nominate Janet Yellen as the next chairman of the Federal Reserve.
Yellen has been the vice chairman for the last three years.
The term for current chairman Ben Bernanke ends in January.
Yellen would be the first woman to lead the Federal Reserve if her nomination goes through.