Fed Chair: Down Goes Larry Summers! Yellen Up?
September 17, 2013
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6:54Now PlayingFed Chair: Down Goes Larry Summers! Yellen Up?
YouTube Description
as posted by the channel"Federal Reserve Vice Chair Janet Yellen has emerged as the favorite to win the chairman's job after former Treasury secretary Larry Summers withdrew his name from consideration Sunday. If nominated by President Obama, and confirmed by the Senate, Yellen, 67, would replace Fed Chairman Ben Bernanke, who is expected to step down in January. Obama is expected to nominate someone as soon as this month...".* What about Tim Geithner? The Young Turks host Cenk Uygur breaks it down.
*Read more here from William M. Welch and Paul Davidson, USA TODAY
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