This is the most expensive rug ever sold. This beautiful seventeenth century Persian rug sold for nearly $34 million today at a Sotheby's auction in New York City.
The current chair is Janet Yellen, who took over for Ben Bernanke on February 3, 2014. There are 12 regional Federal Reserve Banks located in major cities around the country that operate under the supervision of the Board of Governors.
Janet Yellen is the presumptive nominee for Federal Reserve chairman. â¢ The chairman of the Federal Reserve is the public face of the Fed, testifying twice a year before Congress and explaining â albeit often in dense Fed-speak â what the Fed thinks about the economy, and why it's doing what it's doing. YELLEN: 5 things you might not know.