Reuters has the article Yellen says Fed has ‘more work to do’ to aid recovery.

(Reuters) – Janet Yellen, President Barack Obama’s nominee to lead the Federal Reserve, thinks the U.S. central bank has “more work to do” to help an economy and a labor market that are still underperforming.

“I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy,” Yellen, the Fed’s vice chair, said in remarks prepared for delivery to the Senate Banking Committee on Thursday.

Yay, Janet Yellen!  She appears to “get it” much more than President Obama does.  Although, I am not sure how much more the Fed can do to help the economy.  The powerful tools are in the hands of Congress and the Executive branch.  Rather than deploying these tools, they are both bragging about how they are retiring these tools – fiscal stimulus to be exact.