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Yellen confirmation vote may be closest in Fed history

From blogs.marketwatch.com

Janet Yellen will continue to make history as she prepares to take over the reins of the Federal Reserve. Not only will Yellen be the first woman to lead the U.S. central bank, but her confirmation vote will likely be the closest ever, according to Chris Krueger, a senior policy analyst at Guggenheim Washington Research Group. The Senate is expected to vote on Yellen’s nomination at 5:30 p.m. Eastern. Most of the Senate’s 45 Republicans are expected to vote against Yellen’s confirmation, Krueger said in a research note. Despite this opposition, Yellen is going to win confirmation easily, Krueger noted. Senate rules ... (full story)

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