Senate moves toward maintaining monetary status quo
By George Miller The Senate Finance Committee, in a 14-8 bipartisan vote, approved Janet Yellen, current vice chairwoman of the Board of Governors of the Federal Reserve System (photo-L), Obama’s nominee to replace Ben Bernanke as Federal Reserve Chair. A full Senate vote would still be needed to confirm her. Bernanke, a Bush appointee, served through … Continue reading Senate moves toward maintaining monetary status quo
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