Senate Confirms Janet Yellen as Chair of U.S. Federal Reserve
The U.S. Senate confirmed Federal Reserve vice chair Janet Yellen to be the new head of the world's most powerful central bank Monday, the first woman ever to lead the Fed.
President Barack Obama's nominee earned bipartisan support in the bitterly divided chamber, but the vote was still closer than those for her predecessor Ben Bernanke, who steps down on January 31 after eight years in the job.
Source: Agence France Presse
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