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Council of Economic Advisers

Yellen’s Credentials to Lead the Fed

"In the immediate aftermath of Lawrence Summers’s withdrawal from consideration as the next chief of the Federal Reserve, there was a great deal of chatter in Washington along the lines of “anyone but Yellen”; Janet Yellen is the current vice chairwoman. Some influential commentators seem determined to leave no stone unturned in the search for someone other than her to take over Ben Bernanke’s job when his term as chairman expires in early 2014.