Chair of the Federal Reserve Board Janet Yellen to Step Down

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Janet Yellen, Chair of the Federal Reserve Board submitted her resignation as Chair and as a Member of the Federal Reserve Board. Chair Yellen’s resignation will become effective upon the swearing in of the new Chair.

View the Federal Reserve press release regarding Chair Yellen’s announcement.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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