She’s had a distinguished career at the Fed and earned the respect of Nobel Prize winners. So why hasn't she been at the top of the White House's list all along?

The Fed may scale back on stimulus spending.

The Fed buys billions of dollars worth of bonds each month to pump cash into our financial system. The question in front of the the Fed Board today: when should they start to slow the buying down.

Changes in U.S. monetary policy could create problems in emerging markets.

Now that a nomination fight over Larry Summers has been avoided, Washington can get back to work fixing the economy.

There's a lot of noise about who's going to be the next chief of the Federal Reserve. We're more interested in what the Fed chair actually can do for the economy.

Pushback from Democrats and other groups was part of the reason Summers withdrew his name from the running.

Global stocks are near five year highs and bond yields across Europe and Asia have fallen.

Larry Summers, widely thought to be on the short list of candidates to lead the Federal Reserve, has been criticized for his policies and his personality.

False information from a Japanese newspaper moved investor activity.