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At Janet Yellen's first appearance on Capitol Hill as the head of the Federal Reserve Board, the country's top central banker did little to depart from her predecessor's views on key issues, often cautiously echoing his message from the past eight years.
February 11 -
It took a few hours for lawmakers to ask the perennial question to Federal Reserve Board Chair Janet Yellen that is apparently required for every regulator testifying on Capitol Hill: Did the Dodd-Frank Act end "too big to fail"?
February 11 -
Rep. Scott Garrett, R-N.J. skipped peppering Federal Reserve Chair Janet Yellen on monetary policy on Tuesday, focusing instead on a critical role that has remained left unfilled on the board: a formal overseer of bank regulation.
February 11
WASHINGTON The Senate Banking Committee is postponing its previously scheduled Thursday hearing with Federal Reserve Chair Janet Yellen.
The committee announced the delay late Wednesday afternoon ahead of a snowstorm that is expected to hit the D.C. metro area. It has yet to reschedule a new hearing with the new Fed chair, who assumed office less than two weeks ago.
Yellen was expected to present the Fed's semiannual monetary report to Congress. On Tuesday, she came before the House Financial Services, testifying on a variety of issues from the Fed's plan to unwind its stimulus program to the necessity for housing finance reform.
