Janet Yellen Maneuvers First Round of Congressional Testimony

Federal Reserve Chairwoman Janet Yellen completed on Thursday her first semi-annual round of testimony. TheStreet's Joe Deaux reports from Washington.
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Federal Reserve Chairwoman Janet Yellen completed on Thursday her first semi-annual round of testimony. Two weeks after addressing the House, Yellen answered questions from the Senate Banking Committee. Yellen said since she had last spoken, more soft economic data would force the Fed to keep an eye on economic conditions. She also addressed when the Fed would pass new regulatory measures, and she reflected on her role during the financial crisis. TheStreet's Joe Deaux reports from Washington.