Senate To Vote On Yellen's Fed Nomination

Janet Yellen is President Obama's pick to succeed Ben Bernanke as the chairman of the Federal Reserve. If Yellen is confirmed as expected on Monday, she'll take over for Bernanke at the end of this month.

Copyright © 2014 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

DAVID GREENE, HOST:

NPR's business news starts with a change of guard at the Fed.

(SOUNDBITE OF MUSIC)

GREENE: The Senate is set to vote on Janet Yellen's nomination today. She is President Obama's pick to succeed Ben Bernanke as the chairman of the Federal Reserve. If Yellen is confirmed as expected, she'll take over for Bernanke at the end of this month.

Yellen would become the first female chief in the bank's 100 year history, joining a handful of women heading central banks around the world.

Copyright © 2014 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.