White House calling senators to build support for Yellen nomination
September 20th, 2013
04:52 PM ET
10 months ago

White House calling senators to build support for Yellen nomination

Washington (CNN) - White House officials are reaching out to some Democratic senators to discuss the possible nomination of Janet Yellen to head the Federal Reserve, one source with knowledge of the calls confirmed to CNN.

The only name mentioned on these calls is that of Yellen, the source told CNN, adding the idea is to generate support for the expected nomination.

"It is to generally be positive on the idea," the source said.

White House officials have not discussed a time frame with the senators, according to this source. However, it is believed the outreach signals the nomination will be announced soon.

The source refused to speak on the record because the calls, which have been ongoing for several days, are private.

If nominated Yellen would succeed Ben Bernanke as chairman of the Federal Reserve. She became the leading contender after former White House economics adviser Larry Summers withdrew his name from consideration on Sunday because of building opposition by Democrats in the Senate.

When asked Friday whether President Obama will announce his pick to be the next Fed chairman next week, White House Deputy Press Secretary Josh Earnest said, "I don't have any updated timing for you in terms of any personnel announcements, let alone the personnel announcements that many people are legitimately and understandably interested in."

The White House would not comment on the outreach efforts.

The Wall Street Journal first reported the White House outreach.


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soundoff (4 Responses)
  1. Cephus

    Lets party like its 2013!! "White House officials are reaching out to some Democratic senators to discuss the possible nomination of Janet Yellen to head the Federal Reserve" Basically that's the last nail the economic coffin is ready!! lets us all have a great party and say mandarin forever!

    September 20, 2013 10:58 pm at 10:58 pm |
  2. boungiorno

    hmmmm imagine that! Bet you believe in Santa too.

    September 20, 2013 11:21 pm at 11:21 pm |
  3. Cephus

    Wait and see boungiorno!

    September 21, 2013 12:19 pm at 12:19 pm |
  4. Michael Benjamin

    When asked Friday whether President Obama will announce his pick to be the next Fed chairman next week, White House Deputy Press Secretary Josh Earnest said, "I don't have any updated timing for you in terms of any personnel announcements, let alone the personnel announcements that many people are legitimately and understandably interested in."

    Typical Washington speak. He couldn't have just said NO and saved everyone a lot of time.

    September 22, 2013 02:24 pm at 2:24 pm |