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Big Labor very happy with Janet Yellen pick

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AFL-CIO President Richard Trumka Wednesday praised President Obama's nomination of Janet Yellen to succeed Ben Bernanke as chairman of the Federal Reserve's Board of Governors. Trumka called Yellen, currently a Federal Reserve vice chairman, a "brilliant economist." Obama aides in the White House leaked news of the pick Tuesday. Yellen had long been the favorite of liberal activists over...

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