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 August 25, 2016

Does your business have a shortage of young skilled workers?

Yes, there are no young people working at our company.
16% (26 votes)
Yes, but we’re grooming a few young workers.
36% (59 votes)
No, we have a good mix.
24% (39 votes)
We’re desperate for young workers and think the industry should do more to offer training opportunities.
24% (39 votes)
Total votes: 163
More Polls »