President Obama Nominates Dr. Janet Yellen as Fed Chair

October 09, 2013 | 12:28 | Public Domain

President Obama nominates Dr. Janet Yellen to succeed Ben Bernanke as Chair of the Board of Governors of the Federal Reserve. Dr. Yellen has served in leadership positions at the Fed for more than a decade, including the last three years as Vice Chair. She also served previously as the Chair of the Council of Economic Advisers, and was a leading researcher in monetary economics at Harvard and Berkely.