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Janet Yellen and I were taught to revere capitalism. But it’s a failing system

The growing disconnect between the Fed’s policies and people’s lives means we need to start exploring economic alternatives Janet Yellen, the United States’ Federal Reserve’s new Chair, and I were graduate economics students around the same time at Yale University. The professor who shaped the macroeconomics we learned was James…

Janet Yellen chosen to lead Federal Reserve group on open market policy

The Federal Reserve’s key monetary policy-making panel, the Federal Open Market Committee, officially chose incoming Fed chief Janet Yellen as its chair Thursday. One day after outgoing Fed Chairman Ben Bernanke oversaw his final FOMC meeting, the Fed said the panel had unanimously selected Yellen to replace him. The FOMC…

Ross Douthat Once Again Tries To Convince Women Love Is A Pipe Dream Best Abandoned

Ross Douthat is once again worried that being able to have sex when you want is what is destroying America: But these expectations were naïve. As Janet Yellen and George Akerlofpointed out in a 1996 paper on the social impact of abortion and contraception, the power Roe v. Wade gave women…

Senate to vote on Janet Yellen’s nomination next week

The US Senate will vote next week on the new budget deal and Janet Yellen’s nomination to lead the Federal Reserve, Senate Majority Leader Harry Reid said Friday. “On Tuesday, we’ll begin consideration of the budget. On Wednesday, the defense bill, and after that we’ll address further nominations, of which…

Senate panel advances Janet Yellen nomination to run Federal Reserve

The Senate Banking Committee on Thursday approved Janet Yellen to chair the US Federal Reserve, setting up a likely confirmation by the full chamber next month. President Barack Obama’s pick to replace outgoing Fed chairman Ben Bernanke passed the committee 14-8, and if approved by the overall Senate would be…

Janet Yellen: ‘Imperative’ for Federal Reserve to boost strong recovery

Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday the central bank will do whatever is in its power to back a robust US economic recovery. “I consider it imperative to do what we can to promote a very strong recovery,” she told a Senate hearing…

Senate Republicans to grill Federal Reserve nominee Janet Yellen

Janet Yellen will face hostile Republicans doubtful of the Federal Reserve’s easy money policies when she appears before senators Thursday to defend her nomination to lead the US central bank. Yellen, chosen by President Barack Obama to replace Ben Bernanke as Fed chair, is expected be easily approved by the…

Obama to nominate Janet Yellen to lead Federal Reserve

Federal Reserve Vice Chair Janet Yellen will be nominated by President Barack Obama to succeed Ben Bernanke as the head of the organization, the Los Angeles Times reported on Tuesday. The White House is expected to make the nomination official in a Wednesday announcement, which would put Yellen in a…

Senator Elizabeth Warren says Janet Yellen a ‘terrific’ choice to succeed Ben Bernanke

Rebel Democrats on Monday threw their weight behind a growing campaign for Janet Yellen to take over the US Federal Reserve, as their successful revolt against White House pick Larry Summers emboldened those calling for tougher policy toward Wall Street. Senator Elizabeth Warren, one of four banking committee members who…

Larry Summers would likely raise interest rates faster than Janet Yellen

By Alister Bull WASHINGTON (Reuters) – Barring another financial crisis or slide back into recession, the next head of the Federal Reserve is likely to oversee a gradual normalization of monetary policy. But that pace, including the first interest rate hike, might be somewhat quicker under former Treasury Secretary Lawrence…

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