Who will President Obama appoint to be the next Federal Reserve chairman?

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Who will President Obama appoint to be the next Federal Reserve chairman?

Who will President Obama appoint to be the next Federal Reserve chairman?
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Who will President Obama appoint to be the next Federal Reserve chairman?

CBSTV Videos 1:46 mins

Former Obama economic advisor Lawrence Summers and current vice chair of the Federal Reserve, Janet Yellen, are among the favorites to be the next Federal Reserve chairman. Since Yellen would be the first woman to hold the job, gender is being mentioned in the debate. Jeff Pegues reports.

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