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Fed Chair

Janet Yellen Sworn In As First Woman Fed Chair

AP | MARTIN CRUTSINGER | Posted 04.05.2014 | Politics

WASHINGTON (AP) — Janet Yellen was sworn in Monday to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year his...

Senate May Vote On Janet Yellen In Rare Saturday Session

Reuters | Posted 02.18.2014 | Politics

By Thomas Ferraro WASHINGTON, Dec 19 (Reuters) - The Democratic-led U.S. Senate set debate to begin on Friday on President Barack Oba...

Key Republican Throws Support Behind Yellen For Fed Chair

Reuters | Posted 01.25.2014 | Politics

By David Lawder and Thomas Ferraro WASHINGTON, Nov 20 (Reuters) - Janet Yellen picked up some more U.S. Senate support...

McCain Threatens To Block Yellen's Fed Nomination For Benghazi Info

The Huffington Post | Ashley Alman | Posted 10.31.2013 | Politics

Sen. John McCain (R-Ariz.) is once again trying to leverage Senate approval of an Obama nominee to collect more information on the 2012 attack on U.S....

Yellen for Fed Chair

Jared Bernstein | Posted 12.09.2013 | Business
Jared Bernstein

I've found her analysis of the problems in the recent and current economy uniquely clear and persuasive. It's not over 'til it's over, and it hasn't started yet, but I suspect she'll be approved by the Senate.

White House 'Terribly Mishandled' Big Move, Official Says

Reuters | Posted 11.23.2013 | Politics

(Corrects name of bank association in 2nd paragraph) By Ann Saphir SAN ANTONIO, Sept 23 (Reuters) - The White House has ...

Clinton: Image Of Summers As 'A One-Note Johnny' Is 'Ludicrous'

The Huffington Post | Paige Lavender | Posted 09.23.2013 | Politics

Former President Bill Clinton stood up for former Treasury Secretary Larry Summers, who recently withdrew his name from consideration for Federal Rese...

Have No Doubt, Markets Depend on the Fed

Mohamed A. El-Erian | Posted 11.18.2013 | Business
Mohamed A. El-Erian

This week should remove any doubt about whether markets are highly dependent on the Fed. They sure are. Indeed, you could not have constructed better conditions for a controlled experiment. Yet, ironically, the medium-term investment stakes are now higher.

Zach Carter

Janet Yellen's Not So Progressive Past

HuffingtonPost.com | Zach Carter | Posted 09.17.2013 | Politics

WASHINGTON -- Following President Barack Obama's failed effort to install his former economic adviser Larry Summers as Federal Reserve chairman, Janet...

Summers Out

Chris Weigant | Posted 11.16.2013 | Politics
Chris Weigant

Even after pointing out how Occupy fell short and how a little agreed-upon focus might have prolonged the movement and allowed it to grow strong, Occupy did succeed spectacularly at their basic goal: changing the American conversation about the economy.

On the 5th Anniversary of the Financial Crisis, 5 Critical Must-Do's -- No. 5

Phil Angelides | Posted 11.09.2013 | Politics
Phil Angelides

Five years ago this week, the financial system unraveled due to recklessness on Wall Street and regulatory failures in Washington. The American people...

Yellen Now Fed Chair Front Runner, WSJ Reports

The Huffington Post | Ashley Alman | Posted 09.17.2013 | Politics

Federal Reserve Vice Chair Janet Yellen is now the front-runner for the chair nomination, sources told the Wall Street Journal on Monday. This com...

Summers' End

Robert Kuttner | Posted 11.15.2013 | Politics
Robert Kuttner

Looking backwards at this debacle, it's clear that Obama's economic team did not serve him well, either substantively or tactically. Summers as chair of the Fed was always going to be a lightning rod, because of his temperament, his sketchy record as president of Harvard, his close association with the deregulation that invited the financial collapse, and the high-profile consulting gigs on Wall Street that he took since leaving government in 2010. Tactically, what unfolded in August and September was bizarre. Instead of the administration vetting Summers for hidden confirmation problems, deciding that he was an acceptable risk, and Obama announcing the appointment, what we got was a slow drip of leaks that Summers was the president's first choice. But that only served to rally Summers' opposition. It would have been much more difficult for opposition within the Democratic Party to fester if Obama had simply announced his choice.

Geithner Still Not Interested In Being Fed Chair

Reuters | Posted 11.15.2013 | Politics

WASHINGTON, Sept 15 (Reuters) - Former U.S. Treasury Secretary Timothy Geithner is still not interested in being the next head the Federal Reserve, ...

U.S. Stock Futures Advance After Summers Withdraws

Reuters | Posted 11.15.2013 | Business

Sept 15 (Reuters) - U.S. stock futures advanced and futures for the U.S. Treasury 10-year note gained late Sunday after Lawrence Summers withdrew hi...

Here's How Syria Complicates Obama's Fed Chair Decision

Reuters | Posted 11.09.2013 | Politics

(Repeats with no changes to text) By Alister Bull WASHINGTON, Sept 9 (Reuters) - The uphill battle to convince the U.S....

Zach Carter

Looks Like Larry Summers Nomination Doesn't Appeal To Religious Groups, Either

HuffingtonPost.com | Zach Carter | Posted 09.05.2013 | Politics

WASHINGTON -- A coalition of 60 national and local religious organizations sent a letter to President Barack Obama on Wednesday urging him to appoint ...

Summers and the Banks

Jared Bernstein | Posted 10.29.2013 | Business
Jared Bernstein

In the interest of fairness, I also wanted to weigh in briefly on ways in which Larry Summers views on financial market oversight, a critical part of the job of Fed chair, have been misrepresented in some accounts.

Ryan Grim

Summers Faces Brutal Confirmation Fight

HuffingtonPost.com | Ryan Grim | Posted 08.28.2013 | Politics

WASHINGTON -- A broad coalition of opponents to Larry Summers is working behind the scenes to make the former Obama economic adviser's nomination and ...

Avaricious Brilliance for Economic Disaster

Ralph Nader | Posted 10.26.2013 | Business
Ralph Nader

The widening circle applauding megamillionaire Larry Summers -- of Harvard University, Washington, D.C. and Wall Street -- agrees on one word to describe the colossal failure -- Brilliant!

I Can No Longer Sit on the Sidelines in the Debate Over the Next Fed Chair

Jared Bernstein | Posted 10.21.2013 | Business
Jared Bernstein

"I wouldn't want Larry Summers to mow my yard." That little gem was uttered Monday by Senator Pat Roberts in what has to be a fight the White House really doesn't want to have right now.

Jennifer Bendery

Former Reagan Adviser Backs Janet Yellen For Fed Chair

HuffingtonPost.com | Jennifer Bendery | Posted 08.21.2013 | Politics

WASHINGTON -- For the sake of the economy, President Barack Obama should nominate Janet Yellen to chair the Federal Reserve and the Senate should conf...

Four Questions for Fed Chair Candidates

Sen. Bernie Sanders | Posted 10.11.2013 | Politics
Sen. Bernie Sanders

The next Fed chair will have an opportunity to get our economy back on track and to help rebuild America's middle class. But that will require the right temperament and a willingness to take on Wall Street CEOs when necessary.

3 Sexist Reasons Why People Don't Want Janet Yellen To Run The Fed

The Huffington Post | Jillian Berman | Posted 08.07.2013 | Business

In recent months, Janet Yellen has emerged as one of two top candidates to take control of the Federal Reserve when Ben Bernanke steps down. Though so...

Warren Reportedly Backs Yellen To Lead Fed

The Huffington Post | Paige Lavender | Posted 07.29.2013 | Politics

Sen. Elizabeth Warren (D-Mass.) has signed a letter backing Janet Yellen to lead the Federal Reserve, the Boston Globe reports. The Globe reports o...