Janet Yellen: 6 things to know about the presumptive Fed chair

Meet the next Ben Bernanke

Janet Yellen
(Image credit: (Martin Klimek/ZUMA Press/Corbis))

No more nervous speculation.

On Wednesday at 3p.m., President Obama is slated to officially nominate Janet Yellen to replace Ben Bernanke as chair of the Federal Reserve when his term runs out at the end of January.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.