On Air Now

Now Playing

Our Playlist »

Listen

Listen Live Now » 92.9 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
72° Feels Like: 72°
Wind: SW mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 84°

Tonight

Scattered Thunderstorms 67°

Tomorrow

AM Clouds/PM Sun 78°

Alerts

Senate to vote on Yellen for Fed chair in December: Senate aide

U.S. Federal Reserve Vice Chair Janet Yellen testifies during a Senate Banking Committee confirmation hearing on her nomination to be the ne
U.S. Federal Reserve Vice Chair Janet Yellen testifies during a Senate Banking Committee confirmation hearing on her nomination to be the ne

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.

(Reporting by Richard Cowan; Editing by Chizu Nomiyama)

Comments