US Senate confirms Yellen as central bank chief

US Senate confirms Yellen as central bank chief

US Senate Monday confirmed Janet Yellen as the next head of the Federal Reserve, to replace the outgoing Fed chairman Ben Bernanke whose term ends at the end of this month. The Senate voted 56 to 26 to approve the confirmation, Xinhua reported. Yellen, currently the Fed’s vice chair, would become the first woman to […]