Yellen sworn in as first woman Fed chair

WASHINGTON (Reuters) – Janet Yellen was once sworn in Monday to a term as chair of the U.S. critical financial institution, the Federal Reserve said in a remark. Yellen succeeds Ben Bernanke to become the first girl to head the Fed. Her time period as chair ends February three, 2018. The oath was once administered by way of Governor Daniel Tarullo, the Fed mentioned. (Reporting By way of Margaret Chadbourn; Enhancing with the aid of Chizu Nomiyama)