Statement by USHCC President & CEO Javier Palomarez on the Confirmation of Janet Yellen as Chair of the Federal Reserve

WASHINGTON, Jan. 10, 2014 (GLOBE NEWSWIRE) -- "We applaud the Senate's swift confirmation of Janet Yellen as Chair of the Federal Reserve, the first woman in history to preside over the 100-year old financial institution. As Vice Chair, Ms. Yellen was instrumental in implementing sound policies that brought stability to the American economy and prevented a possible global economic crisis. I have no doubt she will build on these accomplishments as Chair, and will continue to spur economic opportunities across the board for Hispanic businesses. The USHCC is a strong supporter of Ms. Yellen, and we look forward to working closely with the Federal Reserve to strengthen our nation's economy and position in the global marketplace."

About the USHCC

Founded in 1979, the USHCC actively promotes the economic growth and development of entrepreneurs and represents the interests of nearly 3.2 million Hispanic owned businesses nationwide that contribute in excess of $468 billion to the American economy. It also serves as the umbrella organization for more than 200 local chambers and business associations throughout the United States and Puerto Rico. For more information, visit

CONTACT: Valentina Pereda USHCC Director of Communications 202-489-2932Source:United States Hispanic Chamber of Commerce