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Yellen Confirmation Set for Monday

Janet Yellen Finally gets her date with the full Senate. On Monday, Janet Yellen’s nomination will head to the full Senate for confirmation. Yellen is expected to be confirmed on majority vote. Only a few conservative Senate Republicans oppose her nomination. Yellen was closely aligned with Bernanke, the outgoing Fed President. In terms of policy, economists aren’t expecting anything to change. The Fed will remain on the same cruising course. New face, same policies!