janet yellen

Obama: Decision by Fall on Next Fed Chief

Obama says he's still considering a range of candidates to be the next chairman of the Federal Reserve and whoever he chooses will need to focus on reducing unemployment.

An Anxious Fed: Economy Needs More Time

The minutes of the Fed Open Market Committee's Sept. 20-21 meeting show a second round of quantitative easing may be needed "before long," but the bankers delayed any moves to collect more data and figure how to best to communicate the policy.

More Names Emerge for the Fed's Board of Governor Openings

In addition to San Francisco Fed President Janet Yellen, the White House also said its other likely candidates for the open seats on the Fed board were MIT's Peter A. Diamond, an expert on Social Security, and Maryland financial regulator Sarah Bloom Raskin.