Janet Yellen To Be Sworn in as Fed Chair Today
Will appear before Congress later this month
For Janet Yellen, getting confirmed was the easy part.
Shortly after she takes over as chairwoman of the Federal Reserve on Monday, Yellen will begin intense preparations for a grilling by ornery members of Congress. Two dozen Fed staffers will crowd into a chamber off the central bank's main boardroom in Washington and begin firing questions at her on every conceivable topic, from economic policy to bank regulation to international affairs. Yellen's interrogators will mimic the style of lawmakers, usually more interested in making speeches than posing true queries, just to see how she responds.