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Key Republican says supports Yellen for Fed chair

Started by riky, November 21, 2013, 09:00:20 AM

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riky

Key Republican says supports Yellen for Fed chair

<p><a href="http://news.yahoo.com/republican-senator-corker-support-yellen-fed-chief-162724336--business.html"><img src="http://l3.yimg.com/bt/api/res/1.2/F6nvqEOAH3_nUc539_kSIA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-20T162724Z_1_CBRE9AJ19PT00_RTROPTP_2_USA-FISCAL.JPG" width="130" height="86" alt="Senator Bob Corker (R-TN) speaks to reporters during the 14th day of the partial government shut" align="left" title="Senator Bob Corker (R-TN) speaks to reporters during the 14th day of the partial government shut" border="0" /></a>By David Lawder and Thomas Ferraro WASHINGTON (Reuters) - Janet Yellen picked up some more U.S. Senate support Wednesday on the eve of a vote in the Senate Banking Committee that is expected to approve her nomination to lead the U.S. Federal Reserve. Bob Corker, a Tennesee Republican and an influential member of the committee, declared his support Wednesday while three other Republicans indicated they were inclined to back her. &quot;In the end, I do believe she has the qualifications necessary to be the Fed chairman and plan to support her nomination,&quot; said Corker, who voted against Yellen's nomination as Fed vice chair in 2010. Corker's support could help persuade a handful of other Senate Republicans to drop their opposition.</p><br clear="all"/>

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