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Lawmakers to hear from QE3 critics after Yellen testifies

(Reuters) - A panel of economists largely critical of recent Federal Reserve policy will appear on a panel immediately following new Fed Chair Janet Yellen's report to Congress on the outlook for the economy and monetary policy.

Former Fed Chairman Bernanke joining Brookings Institution as distinguished fellow

WASHINGTON - Ben Bernanke, who stepped down last week after eight momentous years as chairman of the Federal Reserve, is joining the Brookings Institution, a Washington think-tank . Bernanke will be a distinguished fellow in residence affiliated with Brookings' Hutchins Center on Fiscal and Monetary Policy, according to Brookings President Strobe Talbott. Janet Yellen was sworn in Monday to succeed Bernanke at the Fed.

Yellen takes over Fed as Bernanke departs

Respected economist Janet Yellen was sworn in Monday as the first woman chair of the Federal Reserve, taking on the burden of winding down the Fed's stimulus without spurring more turmoil. Yellen inherits the mantle of the world's most powerful central banker from Ben Bernanke, who guided the US and the global financial system through its deepest crisis since the 1930s during his eight years in the job. Nominated to the job last October by President Barack Obama, she will serve a four-year term concurrent to her ongoing 14 year term on the Fed's board of governors.

Yellen will be sworn in as Fed chair on Monday to succeed Bernanke

Federal Reserve Vice Chair Janet Yellen will be sworn in Monday to succeed Ben Bernanke, becoming the first woman to lead the Fed in its 100-year history. The Fed said in a brief announcement Thursday that the swearing-in will take place at 9 a.m. Eastern time. The ceremony will be private, with Yellen sworn in by Fed Governor Daniel Tarullo, the senior member of the Fed's board. Bernanke's term as chairman will end at midnight Friday. The Fed statement said Yellen will have authority as the current vice chair to exercise all the duties of chair beginning this weekend.

Americas News Agenda for January 31

Duty Editor: Jim Mannion Tel: +1 202 414 0541 What's happening in the Americas on Friday: + Bernanke era ends at Fed WASHINGTON - Fed Chairman Ben Bernanke completes his eight-year tenure heading the US central bank, with close policy ally Janet Yellen poised to succeed him (US-ECONOMY-BANK-BERNANKE) -- OTHER AGENDA ITEMS --

Yellen named to lead key Fed panel

The Federal Reserve's key monetary policy-making panel, the Federal Open Market Committee, officially chose income Fed chief Janet Yellen as its chair Thursday. One day after outgoing Fed Chairman Ben Bernanke oversaw his final FOMC meeting, the Fed said the panel had unanimously selected Yellen to replace him. Bernanke ends his eight-year tenure on Friday, having presided over the world's most powerful central bank during the deepest economic crisis since the 1930s.

Yellen named to lead key Fed panel

The Federal Reserve's key monetary policy-making panel, the Federal Open Market Committee, officially chose income Fed chief Janet Yellen as its chair Wednesday. One day after outgoing Fed Chairman Ben Bernanke oversaw his final FOMC meeting, the Fed said the panel had unanimously selected Yellen to replace him. Bernanke ends his eight-year tenure on Friday, having presided over the world's most powerful central bank during the deepest economic crisis since the 1930s.

Obama names former Bank of Israel head Fischer as Fed vice chair, Brainard also gets Fed nod

WASHINGTON - President Barack Obama intends to nominate Stanley Fischer, a former head of the Bank of Israel, to be vice chairman of the Federal Reserve, replacing Janet Yellen, who is ascending to the central bank's chairmanship. Fischer, a dual citizen of the United States and Israel, is considered a leading expert on monetary policy. He was a long-time professor at the Massachusetts Institute of Technology. Departing Fed Chairman Ben Bernanke was one of his students.

Obama moves to fill Fed board, taps Fischer to be No. 2

By Mark Felsenthal WASHINGTON (Reuters) - President Barack Obama on Friday nominated former Bank of Israel governor and experienced crisis manager Stanley Fischer to be vice chairman of the Federal Reserve, and tapped two others to round out the U.S. central bank's top ranks just as it begins winding down its historic economic stimulus. Fischer would succeed Janet Yellen, who was confirmed by the Senate on Monday to lead the Fed after Chairman Ben Bernanke's term expires at the end of this month.

Obama picks Stanley Fischer for Fed vice chair

US President Barack Obama Friday nominated former Israeli central bank governor and renowned economist Stanley Fischer as vice chair of the Federal Reserve, completing a shakeup of the board's leadership. The president also named former under secretary of the Treasury Lael Brainard to join the Fed board, and renominated current Fed governor Jerome Powell for a full term, setting up a full team for incoming chairwoman Janet Yellen.
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