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

Janet Yellen faces Senate vote before being sworn in next year, and other Changing Hats stories from the past month

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

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