Federal Reserve Bank
The Senate confirmed Janet Yellen on Monday as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank’s efforts to spur the economy with low interest rates and massive bond purchases.
President Barack Obama says that in Janet Yellen he’s found a tough and proven leader to take over as chairman of the Federal Reserve.
Lawrence Summers’ withdrawal followed growing resistance from critics. His exit could open the door for his chief rival, Janet Yellen, the Fed’s vice chair.
A man was arrested in San Francisco on Thursday morning after returning to the Occupy SF encampment where he allegedly stabbed someone on Sunday, a police spokesman said.
A 27-year-old man was hospitalized after an argument led to a stabbing near the Occupy SF encampment in San Francisco’s Financial District late Monday night, according to San Francisco police.
A man was critically injured in a stabbing near the Occupy SF encampment along San Francisco’s Market Street on Sunday night, police said.
A large group of nurses and other demonstrators marched through downtown San Francisco Thursday morning to call for a federal transaction tax they say would bring in billions of dollars in revenue.