Yellen nominated for Treasury secretary

ICBA congratulated Janet Yellen on her nomination to serve as the next Treasury secretary. In a statement, ICBA President and CEO Rebeca Romero Rainey said Yellen understands the vital role of community banks as a former Federal Reserve chair.

"If Dr. Yellen is confirmed, ICBA and community bankers look forward to continuing to work with her as we support the economic recovery in Main Street communities," Romero Rainey said.