Yellen nominated for Federal Reserve chair, and other recent job moves

Changing hats – November 2013

yellen-federal-reserve
Janet Yellen

Yellen nominated for Federal Reserve chair

Janet Yellen, the vice-chair of the US Federal Reserve, has been nominated to succeed Ben Bernanke as chair of the central bank. Bernanke describes her as "exceptionally well-qualified for the position, with stellar academic credentials and a strong record as a leader and a policy-maker".

Other economists also welcomed the news: Nobel laureate Paul Krugman describes her as "the economists' candidate" and notes: "Everyone else floated for the job has, on