SIFMA today issued the following statement from former Senator Judd Gregg, CEO of SIFMA, and Kenneth E. Bentsen, Jr., president of SIFMA, on the nomination of Janet Yellen as Fed chair:
"SIFMA congratulates Janet Yellen on her nomination to be the next chair of the Federal Reserve. Setting sound monetary policy for the United States is a role of prime importance to SIFMA's members. Janet Yellen is a proven leader whose breadth of experience and expertise make her highly qualified to take on this role.”