On October 9, 2013, President Obama nominated Federal Reserve Vice Chairman Janet Yellen as the next Chairman of Federal Reserve. A historic and eventful eight-year streak of Ben Barnanke will end on January 31, 2014.
On January 6, 2014, Janet Yellen was confirmed by the Senate by 56-26 vote, with all the opposition votes being casted by the Republican Senators. Yellen takes over on February 1, 2014 from Ben Barnanke.
On January 6, 2014, Janet Yellen was confirmed by the Senate by 56-26 vote, with all the opposition votes being casted by the Republican Senators. Yellen takes over on February 1, 2014 from Ben Barnanke.
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