Federal Reserve Vice Chair Janet Yellen moved closer on Thursday to becoming the first woman to lead the U.S. central bank after a Senate committee approved her nomination and sent it to the full Senate for a final vote.
If confirmed, as is widely expected, Yellen would replace Fed Chairman Ben Bernanke when his term expires on January 31 and become the most powerful woman in world finance.
The vote was 14-8. Three Republicans backed her appointment and one Democrat voted no.
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