Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Fed’s Yellen Postpones New York Speech as Her Candidacy Gains

Federal Reserve Vice Chairman Janet Yellen postponed a speech next month to the Economic Club of New York, the club said today, as her prospects of becoming the next Fed chairman gained.

Yellen’s planned appearance Oct. 1 “will be rescheduled,” the club said in an e-mailed statement. “We will return any advance payments.”

The likelihood of Yellen, 67, replacing Ben S. Bernanke as Fed chief has increased as White House officials began gauging lawmakers’ support and she won the backing of a top Senate Democrat this week.

Senator Charles Schumer of New York, the chamber’s No. 3 Democrat and a senior member of the Banking Committee, on Sept. 18 called Yellen an “excellent choice” to succeed Bernanke when his term expires on Jan. 31.

President Barack Obama’s aides, meanwhile, have begun making calls to U.S. Senate offices to discuss the process of selecting the next central bank chief, mentioning Yellen by name, according to three Senate Democratic staff members.

The calls to senators’ offices follow the decision by former Treasury Secretary Lawrence Summers to withdraw his name from consideration, announced Sept. 15.

Michelle Smith, a spokeswoman for the Fed in Washington, didn’t immediately return a phone call seeking comment.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.