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Senate confirms Yellen to lead the Fed
by Alex Steger on Jan 07, 2014 at 07:41
The US Senate has confirmed Janet Yellen as the next head of the Federal Reserve.
Fifty-six senators voted in favour of Yellen (pictured) with 26 opposed in the last procedural hurdle for the 67-year-old before taking over from outgoing chair Ben Bernanke on 1 February.
According to the BBC, she is the first woman to lead the central bank in its 100-year history.
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On the road
by Eleanor Lawrie on Apr 23, 2014 at 07:50