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Latest From The White House: President Biden Announces Fed Board Nominations

YoopyaMay 14, 2023May 18, 20230

Today, President Biden announced his nomination of Dr. Philip Jefferson for Vice Chair and Dr. Adriana Kugler to serve as a Member on the Board

Markets want Fed to save them. Why its tools might not work.

YoopyaMar 1, 2020June 15, 20230

As stocks around the world tumble on worries about a fast-spreading virus, investors have been clamoring for the superheroes of the financial world to ride

Business: Fed keeps faith in recovery, bumps up expected rate-hike path

YoopyaJun 19, 2014July 16, 20230

(Reuters) – The Federal Reserve on Wednesday expressed confidence the U.S. economic recovery was on track and hinted at a slightly more aggressive pace of

Yellen gets final stamp of approval to head U.S. Fed

YoopyaJan 7, 2014December 3, 20230

(Reuters) – Janet Yellen, a key force behind the Federal Reserve’s unprecedented and controversial efforts to boost the U.S.economy, was confirmed by the Senate on

Yellen set to move closer to confirmation as next Fed chair

YoopyaNov 21, 2013March 3, 20240

(Reuters) – Janet Yellen will take an important step on Thursday toward becoming the first woman to lead the U.S. Federal Reserve, with the Senate

Yellen is Obama choice to succeed Bernanke at Fed

YoopyaOct 9, 2013March 17, 20240

WASHINGTON (AP) — Capping a lengthy and politically charged search, President Barack Obama will nominate Janet Yellen, the Federal Reserve’s vice chair, to be chairman

Former Obama aide Summers withdraws from Fed chair consideration

YoopyaSep 16, 2013April 7, 20240

(Reuters) – Lawrence Summers, a former top aide to President Barack Obama and Treasury secretary under President Bill Clinton, withdrew on Sunday from consideration to

How the Fed could ruin your summer holiday

YoopyaMay 27, 20130

(Reuters) – Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and secure in the

U.S. charges Chinese man with NY Fed software theft

YoopyaJan 19, 20120

(Reuters) – U.S. prosecutors arrested a Chinese computer programmer on charges he stole software code valued at nearly $10 million from the Federal Reserve Bank