Thomson ReutersOctober 31, 2013 12:03
WASHINGTON (Reuters) - Republican Senator Richard Shelby, a critic of the U.S. Federal Reserve, said on Thursday he was not committed to supporting Janet Yellen as the next Fed chair.
President Barack Obama nominated Yellen, the current Fed vice chair, to take the top job at the U.S. central bank when current chief Ben Bernanke leaves in January. Yellen's nomination must be confirmed by the Senate.
Yellen has lined up meetings with key senators, including Shelby, ahead of a confirmation hearing expected in mid-November.