If nothing else, Janet Yellen proved on Tuesday she has stamina. The newly installed Federal Reserve chair--the first woman to take the post in the institution's century-long history--sat in front of the House Financial Services Committee for an extended session, fielding dozens of questions on topics ranging from the Fed's current direction to GSE reform. The takeaway from her prepared remarks: Don't expect a great change in policy now that she's at the helm.
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Fed Officials Agree to Continue Tapering Asset Purchases
In its first meeting this year, the Federal Open Market Committee (FOMC) voted to once again cut back on the Fed's bond-buying program.
Read More »Yellen Confirmed as Fed Chair as Senate Returns
The United States Senate voted Monday to confirm Janet Yellen as chair of the Federal Reserve following Ben Bernanke's departure at the end of January. She will be the first woman to take the job in the Fed's history.
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