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.
On October 4, 2010, Yellen was sworn in for a 4-year term ending October 4, 2014. Yellen simultaneously began a 14-year term as a member of the Federal Reserve Board that will expire on January 31, 2024. Chair of the Federal Reserve. On October 9, 2013, Yellen was officially nominated to replace Bernanke as Chair of the Federal Reserve.