U.S. Senate vote on confirming Yellen as Fed chief likely next week-aide

WASHINGTON Tue Dec 10, 2013 4:01pm EST

Related Topics

WASHINGTON Dec 10 (Reuters) - The U.S. Senate is likely to vote next week on President Barack Obama's choice of Janet Yellen to be the next chief of the Federal Reserve, a senior Senate Democratic aide said on Tuesday.

Yellen, the Fed's vice chair, is widely expected to win Senate confirmation, which would make her the first woman to lead the U.S. central bank. Last month, the Senate Banking Committee approved her nomination on a 14-8 vote.

Yellen would replace Fed Chairman Ben Bernanke when his term ends on Jan. 31. A specific date for a Senate vote on Yellen has not yet been set.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.