``If confirmed by the Senate, Yellen would be the first woman to serve as chair of the Federal Reserve, and would take over when Bernanke's term ends in January. Sen. Chuck Schumer (D-N.Y.), who endorsed Yellen for the position last month, said he's confident about a Senate confirmation. "She's an excellent choice and I believe she'll be confirmed by a wide margin," Schumer said in a statement.''

Comments: Be the first to add a comment

add a comment | go to forum thread