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President Obama announces Janet Yellen to head the Federal Reserve in Washington
 
President Obama announces Janet Yellen to head the Federal Reserve in Washington
President Barack Obama listens as Janet Yellen, his nominee to be the next Chair of the Federal Reserve, delivers her nomination ceremony in the State Dinning Room at the White House on October 9, 2013 in Washington, D.C. Yellen is replacing outgoing Chairman Ben Bernanke. UPI/Kevin Dietsch
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