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Senate to vote on Yellen for Fed chair in December: Senate aide

WASHINGTON (Reuters) - The Senate aims to hold a vote in December to confirm Janet Yellen as the next chair of the Federal Reserve, a Senate Democratic leadership aide said on Thursday. The current Fed No. 2 earlier won backing for her nomination from the Senate Banking Committee, which voted 14 to 8 to advance her confirmation to the full Senate for approval.

Senate panel advances Yellen nomination to run Fed

The Senate Banking Committee on Thursday approved Janet Yellen to chair the US Federal Reserve, setting up a likely confirmation by the full chamber next month. President Barack Obama's pick to replace outgoing Fed chairman Ben Bernanke passed the committee 14-8, and if approved by the overall Senate would be the first woman to run the world's most important central bank. mlm/jm

Key Republican says supports Yellen for Fed chair

By David Lawder and Thomas Ferraro WASHINGTON (Reuters) - Janet Yellen picked up some more U.S. Senate support Wednesday on the eve of a vote in the Senate Banking Committee that is expected to approve her nomination to lead the U.S. Federal Reserve. Bob Corker, a Tennesee Republican and an influential member of the committee, declared his support Wednesday while three other Republicans indicated they were inclined to back her.

Bernanke says economy 'still far' from ideal

Federal Reserve Chairman Ben Bernanke said Tuesday the economy remains far from where the Fed wants to see it and that the US central bank remains committed to its stimulus policies. Bernanke gave no hint as to when Fed policymakers might begin cutting back its $85 billion a month in asset purchases, saying they remain "committed to maintaining highly accommodative policies for as long as they are needed." pmh/adm

Senate panel to vote on Yellen Thursday

The Senate Banking Committee will vote Thursday on Janet Yellen's nomination to succeed Ben Bernanke as Federal Reserve chair, the panel said Monday. Yellen, currently Fed vice chair, is expected to gain approval, after breezing through a two-hour confirmation hearing last Thursday. She defended current Fed easy-money policies, fielding mostly easy questions even from committee Republicans who had expressed doubts earlier about the central bank's stimulus operations.

Five imperatives for a Yellen Fed

(Reuters) - Janet Yellen, President Barack Obama's pick to lead the U.S. Federal Reserve when Ben Bernanke's term ends early next year, on Thursday faced questions from the Senate Banking Committee on how she would use the post to breathe more life into the economy. The following are her views on five key issues for the Fed. JOBS:

Yellen to indicate Fed will keep easing in Congress testimony

Janet Yellen, nominee for the next U.S. central bank chief, is set to indicate at Congress that the current monetary easing should be maintained for the time being, according to a prepared text of her testimony released Wednesday. The Federal Reserve "is using its monetary policy tools to promote a more robust recovery," Yellen said in the text made available on the eve of her testimony at the Senate Committee on Banking, Housing and Urban Affairs.

Biographical information for Janet Yellen, nominated by Obama to lead Federal Reserve

NAME — Janet L. Yellen AGE-BIRTHPLACE — 67; Brooklyn, N.Y. EXPERIENCE — Vice chair, Federal Reserve, 2010-present; president, Federal Reserve Bank of San Francisco, 2004-10; chair, White House Council of Economic Advisers, 1997-99; member, Federal Reserve Board of Governors, 1994-97; faculty member, University of California, Berkeley, 1980-94 (on leave); lecturer at London School of Economics and Political Science, 1978-80; economist, Federal Reserve, 1977-78; assistant professor at Harvard University, 1971-76.

Republican cautions against blocking Yellen's Fed nomination

WASHINGTON (Reuters) - A senior Republican on the Senate Banking Committee said on Thursday he would oppose efforts to block the nomination of Janet Yellen as Federal Reserve chairwoman with a filibuster unless some disturbing disclosure emerged. "I don't think I would filibuster a Fed nominee unless something came up that was just horrible," Alabama Senator Richard Shelby told Reuters Insider. "But that doesn't mean I won't speak against them, vote against them, work against them."

U.S. Senator Shelby says not committed to Yellen for Fed

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.
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