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.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Man arrested after jumping White House fence, causing lockdown
- Probe: Athletes took fake classes at University of North Carolina
- Attack on parliament, killing of soldier stun Canada's capital |
- A Minute With: Shailene Woodley on teen sex, violence and Marvel