Yellen to Meet Senators as Panel Sets November Hearing
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Janet Yellen’s nomination to head the Federal Reserve will be considered by a Senate committee early next month, a panel aide said, as the candidate prepares for private meetings with lawmakers starting next week.
Yellen’s nomination may be challenged by U.S. Senator Rand Paul, who is considering placing a hold as he seeks a vote on legislation that would require regular public audits of the Fed’s operations, according to an aide in the lawmaker’s office.