Senate Confirms Janet Yellen To Lead U.S. Federal Reserve

FILE - In this Monday, June 3, 2013, file photo, Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, answers a question from a participant at the International Monetary Conference in Sha... FILE - In this Monday, June 3, 2013, file photo, Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, answers a question from a participant at the International Monetary Conference in Shanghai, China. More than 350 economists have a signed a letter to President Barack Obama calling on him to nominate Federal Reserve Vice Chair Janet Yellen to be the central bank's next chairman. (AP Photo/Eugene Hoshiko, File ) MORE LESS
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The U.S. Senate on Monday confirmed Janet Yellen as the next head of the U.S. Federal Reserve, replacing Ben Bernanke as the first woman ever to hold the post. The vote was 56 – 26.

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