Senate to vote on Yellen for Fed chair in December: Senate aide
WASHINGTON (Reuters) - The Senate aims to hold a vote in December to confirm Janet Yellen as the next chair of the Federal Reserve, a Senate Democratic leadership aide said on Thursday.
The current Fed No. 2 earlier won backing for her nomination from the Senate Banking Committee, which voted 14 to 8 to advance her confirmation to the full Senate for approval.
Yellen, nominated by President Barack Obama to replace current Fed chief Ben Bernanke when his term expires on January 31, is widely expected to win confirmation without a hitch. She would become the first woman to lead the U.S. central bank.
- Israel rejects ceasefire plan, source says as death toll nears 850 |
- Bad weather seen as probable cause of Air Algerie crash
- First Ebola victim in Sierra Leone capital on the run
- White House aide says Republicans might try for Obama impeachment
- EU edges to economic sanctions on Russia but narrows scope |