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Wednesday, October 26, 2016

Washington (AFP) – The Senate Banking Committee on Thursday approved Janet Yellen to chair the U.S. Federal Reserve, setting up a likely confirmation by the full chamber next month.

President Barack Obama’s pick to replace outgoing Fed chairman Ben Bernanke passed the committee 14-8, and if approved by the overall Senate would be the first woman to run the world’s most important central bank.

AFP Photo/Brendan Smialowski


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Copyright 2013 The National Memo
  • Chumba Wumba

    Liberty would be a meaningless term if it were defined by the whims and ever-changing will of fleeting majorities and their elected agents.