Janet Yellen: New Fed Chairperson
It's confirmed. Janet Yellen is the next in line to head the U.S. Federal Reserve. Yellen is the first woman to take over the position in the 100-year history of the U.S. central bank, and the second woman to lead a central bank for a developed nation. When becoming the Fed Chairwoman, she also became the first nominee to run the Federal Reserve since Paul Volcker stood at its helm in 1979.