Yellen favors gender-neutral title of Fed 'chair'

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Associated Press

Posted on January 21, 2014 at 1:00 PM

Updated Tuesday, Jan 21 at 2:02 PM

WASHINGTON (AP) — Janet Yellen will make one small but symbolic change when she takes over the leadership of the Federal Reserve on Feb. 1: Her title.

Yellen has decided to use the gender-neutral title of chair, rather than chairman or chairwoman, when she becomes the first woman to lead the Fed in its 100-year history.

Her preference will be Federal Reserve Board Chair Janet Yellen.

Her decision is consistent with the title she used in the Fed's No. 2 job, when she was referred to as Fed Vice Chair Janet Yellen.

Alice Rivlin, the first woman to serve in the No. 2 post at the Fed, also preferred the gender-neutral title of vice chair.

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AP Business Writer Joe Pisani contributed to this report.

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