Senate Votes for Federal Reserve Chair: 83 Volcker, 84 Volcker Reppointment, 91 Greenspan, 100 Greenspan Reppointment, 91 Greenspan Third, 89 Greenspan Fourth, 100 Greenspan Fifth, 99 Bernanke, 77 Bernanke Reppointment, 59 Yellen
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.
But... But... But... I was told last summer that a big argument for Janet Yellen was that she was clearly so well-qualified that lots of Republicans would vote for cloture, and she would clear the 60-vote cloture threshold easily...