In early 2014, who became the first woman to chair the Federal Reserve Board?
AElizabeth Warren
BHillary Clinton
CJanet Yellen
DChristine Lagarde
Answer & Solution
Correct answer: C. Janet Yellen
1. She had led the San Francisco Fed.
2. Janet Yellen became Chair in 2014.
3. She warned of the housing bubble early.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 14, Monetary Policy and Bank Regulation (CC BY 4.0)._
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