January 6th, 2014
06:22 PM ET
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6 years ago

Senate confirms Yellen as Fed Chair

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New York (CNNMoney) - The U.S. Senate has confirmed Janet Yellen to serve as the next chair of the Federal Reserve, after Ben Bernanke finishes his second term at the end of the month.

Senators voted 56 to 26 in her favor, with many missing the vote because of inclement weather. Several Republicans broke party ranks in support of Yellen.

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Filed under: Federal Reserve • Janet Yellen • Senate
November 14th, 2013
08:30 AM ET
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6 years ago

Senators to grill Janet Yellen

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New York (CNNMoney) - Let the grilling begin: Janet Yellen heads to Capitol Hill this morning to face the Senate Banking Committee in her confirmation hearing to serve as the next head of the Federal Reserve.

In opening statements released ahead of the hearing, Senator Tim Johnson, chairman of the committee, said he is "excited" to cast his vote in her favor.

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Filed under: CNNMoney.com • Congress • Federal Reserve • Janet Yellen • Senate