Obama to nominate Yellen as Federal Reserve chief Wednesday

GMT 23:07 2013 Tuesday ,08 October

Arab Today, arab today Obama to nominate Yellen as Federal Reserve chief Wednesday

Arab Today

President Barack Obama will nominate Janet Yellen Wednesday as the first female head of the US Federal Reserve, a White House official said. Obama will make the announcement at a White House event also attended by current Fed chairman Ben Bernanke, the official said Tuesday.

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