US Federal Reserves gets First Female Chairperson

The United States senate has confirmed Janet Yellenas the next Chairperson of the federal reserves after Ben Bernanke finishes his second term at the end of the month.

Yellen will be the first woman to lead the 100-year oldFederal Reserve. She was massively voted for by 56 out of 82 senators who were present at the sitting. 

U.S President, Barack Obama has expressed his confidence in Yellen saying, he is confident that Janet will stand up for American workers, protect consumers, foster the stability of our financial system, and help keep our economy growing for years to come.