Janet Yellen is officially now one of the most powerful women in the world. She was sworn in as the first female Chair of the Federal Reserve today in a quiet ceremony attended by other Fed board members and her husbad, Nobel-winning economist George Akerloff. Despite the significance of her new position, Yellen made no remarks at the swearing-in, “but did smile to acknowledge the applause of the assembled group," reported the Associated Press.
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