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Yellen accepts Fed Chair nomination

Wed 09 Oct 13 | 03:24 PM ET
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Yellen accepts Fed Chair nomination

Wed 09 Oct 13 | 03:24 PM ET
President Obama has nominated Janet Yellen to be the next Federal Reserve Chair. She accepts and thanks President Obama for the nomination. "The Fed's effectiveness depends on the commitment, ingenuity and integrity of the Fed staff and my fellow policymakers," she says.
 
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