Tue, 07 Jan 2014 16:12:04 GMT
Senate confirms Yellen as Fed chairwoman
The U.S. Senate finally approved the Janet Yellen's candidacy as the new Federal Reserve chairwoman, voting 56 to 26, while 11 Republicans supported Yellen as well. Therefore, Janet Yellen will become not only the 15-th head of the Fed, but also the first woman, who will be responsible for monetary policy in the U.S. The second term of Ben Bernanke