Yellen's Nomination To Lead Fed Celebrated By UC Berkeley ColleaguesJanet Yellen's colleagues and friends at the University of California at Berkeley on Wednesday celebrated her nomination by President Barack Obama to be the next chair of the Federal Reserve.
Obama To Nominate UC Berkeley's Yellen As Federal Reserve ChairPresident Barack Obama will nominate Federal Reserve vice chair and University of California, Berkeley professor emeritus Janet Yellen to succeed Ben Bernanke as chairman of the nation's central bank.
Bay Area's Yellen Front-Runner For Fed Chair AgainFederal Reserve Vice Chair Janet Yellen - a Bay Area local - is once again the odds-on favorite to become the next chair of the Federal Reserve, now that President Barack Obama's preferred candidate, former adviser Larry Summers, has stepped out of the race.

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