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Janet Yellen
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Yellen Faces Challenges as Fed Trims Bond Buys

WASHINGTON (AP) — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape than the one that dominated Ben Bernanke's tenure as chairman.

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Progress at the Fed? [OPINION]

Former Treasury Secretary Larry Summers has withdrawn himself from consideration as a replacement for outgoing Chair of the Federal Reserve, Ben Bernanke. This opens the door for current Vice Chair, Janet Yellen, who has emerged as the favorite of the left.

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