Bank. Obama made the announcement at the white house alongside current chairman ben bernanke and yellen. I want to announce my choice for next chair of the federal reserve. One of the nations foremost economists and policymakers, current vice chairman, janet yellen. If confirmed by the senate, i pledge to do my utmost to keep that trust and meet the great responsibilities that congress has entrusted to the federal reserve, to promote maximum employment, stable prices and a strong and stable financial system. Yellen has been the feds second in command since 2010. She head the council of economic advisers under former president bill clinton. She helped establish the feds Current Program of monetary easing. If confirmed by the senate, she would take over after bernanke steps down in january. The leaders of Southeast Asian countries are preparing for a summit in brunei. It opens on thursday. Theyll be joined by top officials from china, japan russia and the United States. On the agenda wil
In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" fans painfully wait for their next fix of the shoot 'em up blockbuster.It has been a decade since GTA V hit the streets and Rockstar's earlier-than-expected release of the first trailer of the game's sequel sent fans into an ecstatic online frenzy.