Federal Reserve Chair Janet L. Yellen was released from medical care Monday after being hospitalized over the weekend for a urinary tract infection.
Yellen, 70, was admitted to King Edward VII's Hospital in London on Friday, according to an announcement from the U.S. Central Bank. She traveled to London on June 27 for an event at the British Academy, where she gave a speech and had planned to stay a few extra days for a family vacation when she became ill.
The head of the Federal Reserve is returning to Washington, D.C. and will resume her schedule, according to the announcement. The next Federal Open Market Committee meeting, where the Fed sets monetary policy, is later this month, on July 25 through July 26. Yellen is also scheduled to give her semi-annual monetary policy testimony to Congress on July 12.
This is the second time during her term that Yellen has required medical attention. In September 2015, the chairwoman was brought to the hospital after being unable to finish a speech in Massachusetts due to dehydration.
Yellen was appointed to a four-year term as Chair of the Board of Governors of the Federal Reserve System on Feb. 3, 2014. The end of her term is approaching on Feb. 3, 2018. Prior to that she served as Vice Chair of the Board of Governors beginning in October 2010.
With the end of her term approaching, speculation about who President Donald Trump might pick to replace Yellen has begun. A few of the names that have been floated include former U.S. House Speaker Newt Gingrich, legendary investor Warren Buffett and former Florida governor Jeb Bush.
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