Yellen nomination advances in Senate
Janet Yellen's nomination to lead the Federal Reserve advanced in the
Senate on Friday, bringing her a step closer to heading the central
bank. On a 59-to-34 vote, senators limited debate on her nomination,
paving the way for a final vote on Jan. 6. If confirmed by the full
Senate, Yellen's term as Fed chairman would begin Feb. 1. She is
expected to be confirmed easily in the upper chamber.
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