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House Financial Services Chairman Jeb Hensarling (R-Texas) said he hopes Janet Yellen implements a more transparent monetary policy at the Fed, if confirmed as chairman.

“I congratulate Dr. Yellen on her nomination. It is my hope that, if confirmed, she will lead the Federal Reserve to adopt a more transparent and rules-based monetary policy that aims for price stability and long-term growth,” Hensarling said in a statement about the current Fed vice chairman.

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