Obama to Pick Yellen as Leader of Fed, Officials Say

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federal-reserve President Obama will nominate Janet L. Yellen as chairwoman of the Federal Reserve on today, White House officials said Tuesday night, ending an unusually prolonged and public search to fill one of the most important economic policy-making jobs in the world.

Ms. Yellen, 67, has been the Fed’s vice chairwoman since 2010, when Mr. Obama nominated her to the post and she was easily confirmed on a voice vote by the Senate. She would be the first woman to run the central bank. Read more.

{Matzav.com Newscenter}

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