Federal Reserve

Obama Names Brooklynite Janet Yellen As Fed Chair Pick

Assistant Managing Editor

President Barack Obama will appoint Janet Yellen as the nation's top banker today, according to press reports. Yellen, a Brooklyn native, would be the latest in a succession of Jewish Americans to chair the Federal Reserve System since 1987, and the first woman in its 100-year history.

Janet Yellen attended Bay Ridge High School in Brooklyn.
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