Janet Yellen will appear before the Senate Banking Committee on Thursday, Nov. 14, at 10 a.m. She is expected to easily obtain confirmation, given her extensive experience in the Federal Reserve Bank and deep knowledge of monetary policy. Observers expect her appointment to signal a continuation of the Fed’s easy money policies. “Yellen has given a lot of thought to these issues and I think she will perform very well before the committee,” said Tony Fratto, a former spokesperson for President George W. Bush. Additionally, the Democratic Party controls the U.S. Senate with 55 seats; only five Republican Senators will need to vote to confirm her appointment.
How would you vote if you were in the Senate? Tell us why in the comments below.
With business growth rates in emerging markets four to five times larger than in the United States and Europe, PepsiCo and Coca Cola are ratcheting up their marketing war machines for battle in these regions.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: