President Obama Nominates Janet Yellen For Fed Chairman

President Barack Obama shakes hands with economist Janet Yellen after she was nominated as Federal Reserve chairman at the White House, October 9, 2013. (credit: JEWEL SAMAD/AFP/Getty Images)
President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve President Barack Obama shakes hands with economist Janet Yellen after she was nominated as Federal Reserve chairman at the White House, October 9, 2013. (credit: JEWEL SAMAD/AFP/Getty Images)
President Barack Obama speaks during a press conference to nominate Janet Yellen to head the Federal Reserve, October 9, 2013. (credit: Win McNamee/Getty Images)
President Obama Announces Janet Yellin As His Choice To Chair Federal Reserve President Barack Obama speaks during a press conference to nominate Janet Yellen to head the Federal Reserve, October 9, 2013. (credit: Win McNamee/Getty Images)
President Barack Obama (L) applauds Janet Yellen, his nominee to be the next Chairman of the Federal Reserve, with current Federal Reserve Chairman Ben Bernanke at a press conference announcing Yellen's nomination, Oct. 9, 2013 (credit: Win McNamee/Getty Images)
President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve President Barack Obama (L) applauds Janet Yellen, his nominee to be the next Chairman of the Federal Reserve, with current Federal Reserve Chairman Ben Bernanke at a press conference announcing Yellen's nomination, Oct. 9, 2013 (credit: Win McNamee/Getty Images)
Janet Yellen speaks at the podium as current Chairman of the Federal Reserve Ben Bernake listens on. President Barack Obama nominated Yellen to head the Federal Reserve, October 9, 2013. (credit: Chip Somodevilla/Getty Images)
President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve Janet Yellen speaks at the podium as current Chairman of the Federal Reserve Ben Bernake listens on. President Barack Obama nominated Yellen to head the Federal Reserve, October 9, 2013. (credit: Chip Somodevilla/Getty Images)
President Barack Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve (credit: Win McNamee/Getty Images)
President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve President Barack Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve (credit: Win McNamee/Getty Images)
Janet Yellen at the White House, where President Barack Obama nominated her to be chairman of the Federal Reserve, Oct. 9, 2013. (credit: Chip Somodevilla/Getty Images)
President Obama Announces Janet Yellen As His Choice To Chair Federal Reserve Janet Yellen at the White House, where President Barack Obama nominated her to be chairman of the Federal Reserve, Oct. 9, 2013. (credit: Chip Somodevilla/Getty Images)
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