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Yellen sworn in as Fed chair in brief ceremony

Posted By kurtnimmoadmin On February 3, 2014 @ 8:45 am In Economic Crisis,Old Infowars Posts Style,Tile | Comments Disabled

February 3, 2014

Janet Yellen has been sworn in to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history.

Yellen, who was confirmed by the Senate last month, was sworn in by Fed Governor Daniel Tarullo, the senior member of the Fed’s seven-member board.

She took the oath in a brief ceremony Monday in front of a fireplace in the Fed’s massive board room. Her husband, Nobel-winning economist George Akerloff, was present as were other Fed board members and Fed staff.

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