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(Reuters) – U.S. President Barack Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to be the next head of the U.S. central bank on Wednesday, a White House official said on Tuesday.
It remains an open question to what lengths he will go to block her nomination. "It is certainly appropriate for the Congress to monitor the job the Fed does, as the central bank is its creation. But.
Related: Rand Paul threatens to block Yellen nomination vote Who is Janet Yellen? And if the fed chair position remains unconfirmed by the time the budget debates heat up again, the situation gets.
Janet Yellen is to be confirmed as Barack Obama’s nominee to chair the US federal reserve. photograph. are expected to attend. The nomination ends a long – and often bitter – public debate about.