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Mon January 6, 2014
Senate To Vote On Yellen's Fed Nomination
DAVID GREENE, HOST:
NPR's business news starts with a change of guard at the Fed.
(SOUNDBITE OF MUSIC)
GREENE: The Senate is set to vote on Janet Yellen's nomination today. She is President Obama's pick to succeed Ben Bernanke as the chairman of the Federal Reserve. If Yellen is confirmed as expected, she'll take over for Bernanke at the end of this month.
Yellen would become the first female chief in the bank's 100 year history, joining a handful of women heading central banks around the world. Transcript provided by NPR, Copyright NPR.