Yellen Is Now Un-Filibuster-Able; Mayday for Payday Loans; Bitcoin P...

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Yellen in Home Stretch: The Senate Banking Committee voted to confirm Janet Yellen's nomination for Federal Reserve chairman, and a change in Senate filibuster rules virtually guarantees she'll be confirmed by the full chamber. That change in parliamentary procedure — the "nuclear option" Majority Leader Harry Reid's been brandishing — will prevent filibusters for most presidential nominees. As such, it "represents a substantial power shift in a chamber that for more than...