Yellen to get the White House nod next week?

Author: Eamonn Sheridan | Category: Central Banks

Author: Eamonn Sheridan

  • The White House has apparently been calling around Democratic senators urging them to speak up in favor of Janet Yellen should there be any criticism of her that might arise as Federal Reserve chair nominee.
  • Commentators are also saying the the cancellation of a speech from her which was scheduled at the Economic Club of New York for October 1 is another indication the White House will nominate her for the position.

I’ve seen some comments from analysts who expect the nomination to occur as early as Monday ( September 23).

Janet Yellen

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