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Senate expected to name Janet Yellen as chair of Federal Reserve

Federal Reserve Board Of Governors Meet To Discuss Volcker Rule

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Janet Yellen, Vice Chair of the Federal Reserve Board and President Obama's nominee to succeed Chairman Ben Bernanke, waits for the beginning of a meeting of the Board of Governors of the Federal Reserve System to discuss the final version of the so-called "Volcker Rule" December 10, 2013 in Washington, DC. The rule was adopted unanimously during the meeting that will ban proprietary trading by large banks.

Sometime this week, the Senate is expected to confirm Janet Yellen as the next chief of the Federal Reserve. Once in office, will her leadership be more of the same, following in Ben Bernanke's footsteps? Or will she put her own stamp on the job? 

For more, we turn to Michael Hirsch who wrote about Yellen's agenda today for National Journal. 

 


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