The Senate Banking Committee voted 14-8 voted Thursday to send Janet Yellen's nomination to chair the Federal Reserve to the full Senate for confirmation.
Republicans Bob Corker, R-Tenn., Mark Kirk-R-Ill., and Tom Coburn, R-Okla., broke with other GOP members to support Yellen. Democrat Joe Manchin, D-W. Va., was the only Democrat to vote against Yellen's nomination.
Yellen, who is now the Fed's vice chairman, is expected to win confirmation to succeed Ben Bernanke after his second four-year term expires in January. She would become the first woman in the world to head a major central bank.
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Senate committee recommends Yellen for Fed chair Updated at :
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Thursday, November 21, 2013
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