|Yellen sworn in as Fed chair, succeeding Bernanke|
|News - St Augustine Area & St Johns County|
WASHINGTON ó Janet Yellen officially took over the leadership of the Federal Reserve on Monday ó and along with it a delicate task: Unwinding the Fedís extraordinary economic stimulus without spooking investors or slowing a still-subpar economy.
Yellen, the first woman to lead the Fed in its 100 years, was sworn in during a brief ceremony in the central bankís board room. She succeeded Ben Bernanke, who stepped down last week after eight momentous years.
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