Tuesday, October 8, 2013

Janet Yellen to the rescue

*****NEW DEVELOPMENTS:  Federal Reserve*****

White House to announce new FED Chairwoman

Another Janet:  Janet Yellen 

The Wall Street Journal reports the White House is expected to announce Janet Yellen as the new chairwoman of the Federal Reserve.  What does the Federal Reserve have to do with the White House right?  I thought it was a private bank?  But it is Federal right? :-)

...developing...