Yellen sworn in as first woman Fed chair

Federal Reserve Board Governor Tarullo applauds new Federal Reserve Board Chairwoman Yellen after administering the oath of office at the Federal Reserve Board in WashingtonWASHINGTON (Reuters) – Janet Yellen was sworn in Monday to a term as chair of the U.S. central bank, the Federal Reserve said in a statement. Yellen succeeds Ben Bernanke to become the first woman to head the Fed. Her term as chair ends February 3, 2018. The oath was administered by Governor Daniel Tarullo, the Fed said. (Reporting By Margaret Chadbourn; Editing by Chizu Nomiyama)

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