Announcements
In a historic vote, Janet Yellen ’67 won Senate approval to become the new head of the Federal Reserve. Yellen, who was nominated by the first African-American U.S. president, becomes the first woman to lead the national bank. Twelve Republicans joined Democrats for the 56 to 26 vote.
>Yellen is also the first Democratic nominee to lead the Fed since 1979 and joins World Bank president Jim Yong Kim '82 as Brown alums leading two of the world's most powerful financial institutions.