Senate votes preliminary OK for Yellen to lead Fed

Published December 20, 2013 4:55pm ET



WASHINGTON (AP) — The Senate has cleared the way for Janet Yellen to succeed Ben Bernanke as head of the Federal Reserve.

Senators voted 59-34 Friday to end debate on the president’s nomination of Yellen. Approval is expected Jan. 6, the day the Senate returns from winter recess.

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