The current vice chairwoman of the Fed could become what is arguably the most powerful financial policy job in the world.

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?

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

The political battle over who will succeed Ben Bernanke is heating up — and it could be the most important economic policy decision made this year.

Now that President Obama has suggested publicly that Ben Bernanke might not stay on at the Federal Reserve past January, the quest is on for replacements.

Vice-chair Janet Yellen is the front runner, but there are plenty of very good choices.

The pragmatic, down-to-earth vice chair of the Federal Reserve Board is said to be replacing Chairman Ben Bernanke.