How The Fed Chair Nomination Process Worked The Last 12 Times

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Tuesday, September 24, 2013 How The Fed Chair Nomination Process Worked The Last 12 Times Goldman Sachs economist and political analyst Alec Phillips thinks the nomination of Janet Yellen for Fed chair could come from the White House as soon as next week. Yellen, the current vice chair of the Federal Reserve, is widely considered the frontrunner to replace current Fed chairman Ben Bernanke when his term expires in January. Because she enjoys significant support in the Senate, the confirmation process will likely go smoothly for Yellen, should the White House choose to nominate her. However, that hasn't always been the case. The chart below, provided by Phillips in a note to clients, shows the confirmation timeline for the last five Fed chairs (12 terms in all). Read » Also On Markets Today: STOCKS FALL AGAIN: Here's What You Need To Know MORGAN STANLEY PRESENTS: 'The Fragile Five' — The Most Troubled Currencies In Emerging Markets Advertisement CHART OF THE DAY: The US Is Better At Deleveraging Than Europe CHART OF THE DAY: We've Never Seen A Bigger Push Into Stocks Than We Did This Week CHART OF THE DAY: Median Incomes Have Increased In Just Two Of The Last 11 Years Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Markets RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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