Morning Scan: Senate Confirms Yellen as Fed Chair; More Co-op Bank P...
01/07/14
Receiving Wide Coverage ... Confirmed: The Senate voted 56 to 26 to confirm to approve Janet Yellen as the first Federal Reserve chairwoman. Yellen's historical confirmation was by "the thinnest margin of Senate approval for a Fed chairman in the central bank's history," reports the Times, though it's worth noting that a few lawmakers missed the vote due to inclement weather (See: polar vortex.) Yellen will take office on February 1 and "will immediately be forcedÂ...
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