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Purveyor

(29,876 posts)
Thu Nov 21, 2013, 11:28 AM Nov 2013

Yellen Clears Key Senate Hurdle To Become Next Fed Chair

Source: REUTERS

(Reuters) - The Senate Banking Committee on Thursday approved Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote.

If confirmed, as is widely expected, the current number two at the central bank will replace its chairman, Ben Bernanke, when his term expires on January 31, making her the most powerful woman in world finance.

The vote was 14 in favor and 8 against.

Read more: http://www.reuters.com/article/2013/11/21/us-usa-fed-yellen-vote-idUSBRE9AK0UD20131121

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Yellen Clears Key Senate Hurdle To Become Next Fed Chair (Original Post) Purveyor Nov 2013 OP
effectively makes her the most powerful woman in US history scheming daemons Nov 2013 #1
And look who's against durablend Nov 2013 #2
No, he does not. Dollface Nov 2013 #3
Let's hope bucolic_frolic Nov 2013 #4
Wall Street loves her. At least, so far. Nye Bevan Nov 2013 #5
She's still a Democratic Nominee bucolic_frolic Nov 2013 #6
 

scheming daemons

(25,487 posts)
1. effectively makes her the most powerful woman in US history
Thu Nov 21, 2013, 11:33 AM
Nov 2013

More powerful than secretary of state (albright, clinton) or speaker of the house (pelosi).

Fed chair is a very big deal.

durablend

(7,416 posts)
2. And look who's against
Thu Nov 21, 2013, 11:55 AM
Nov 2013
The Democrat who voted against her in committee was Joe Manchin of West Virginia


Does he actually serve a purpose for our side?

bucolic_frolic

(42,663 posts)
6. She's still a Democratic Nominee
Thu Nov 21, 2013, 04:25 PM
Nov 2013

in a pin-striped womens pant suit

and a former Clinton Adminstration official

BUT she supported repeal of Glass-Steagall and Social Security Cuts,
and as Chair of CEA

So she's no raging liberal

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