AFR Statement on Confirmation of Janet Yellen as Fed Chair

We applaud the Senate’s confirmation of Janet Yellen as chair of the Federal Reserve Board. Americans for Financial Reform and our allies have been heartened by Yellen’s strongly expressed commitment to the Fed’s mission as a financial regulator and to an economy that works for ordinary people.

Getting financial regulation right will be crucial to the realization of that goal. We look forward to working with the Fed under Yellen’s leadership to fully implement Dodd-Frank and to carry on with the task of reshaping the financial system not only to be safer and more accountable, but also more effective in facilitating an equitable and sustainable prosperity for all Americans.