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.
How does your shop support the community during the holiday season?
|We collect canned goods||
11% (5 votes)
|We collect items for Toys for Tots||
31% (14 votes)
|We provide free automotive service for those in need||
4% (2 votes)
|We collect money for local charity||
9% (4 votes)
|We don’t participate in any organized efforts||
44% (20 votes)
|Total votes: 45|