Current Issue

Yellen confirmed as Fed chairman

Comments Email
(Tire Business file photo)
Janet Yellen

WASHINGTON (Jan. 7, 2014) — By a 56-26 vote, the U.S. Senate has confirmed Janet Yellen as the 15th chairman of the Federal Reserve.

Ms. Yellen, vice chairman of the Fed since 2010, is the first woman to head the nation’s central bank. She begins her four-year term Feb. 1, the day after Ben S. Bernanke—who has served as Fed chairman since February 2006—steps down.

During her tenure as Fed vice chairman, Ms. Yellen supported Mr. Bernanke’s policies, which included setting near-zero interest rates and massive purchases of government bonds to stimulate the economy after the Great Recession of 2008.

More Polls>

TB Reader Poll

Previous | Published October 21, 2016

Do your technicians use iPads, tablets or other electronic devices to check in customers and write up service orders?

Yes, we have for quite some time
36% (45 votes)
No, but we plan to begin using them soon
27% (33 votes)
No, we can’t afford or support it
23% (29 votes)
Never, I hate technology
14% (17 votes)
Total votes: 124
More Polls »