Many of the inaccuracies the CIA fed to journalists, the report says, were consistent with inaccurate information being provided by the agency to policymakers at the time.
She is a veteran of the Fed, with experience as vice-chair – just beneath Bernanke – since 2010, and as president of the San Francisco Fed.
Apparently, they fell in love in the cafeteria of the Fed.
Positive US economic news, and this week's signs of agreement over the country's budget, have prompted increasing speculation the Fed might trim its $85bn a month bond buying programme.
"We need her expertise at the helm of the Fed as our nation continues to recover from the Great Recession, completes Wall Street Reform rulemakings, and continues to enhance the stability of our financial sector," Senate banking committee chair Tim Johnson said.
And inflation is rising – fast, much faster than the Fed anticipates.
In other words, by ending QE, the Fed is not filling up the financial hole left by its stimulus.
All of them center around controlling bank "reserves," or the money they keep parked with the Fed.
The upshot is that the Fed will borrow from banks temporarily, then pay them back with interest the next day.
Many members congratulated Yellen on her confirmation and praised her historic ascent as the first woman to lead the Fed.
