The Senate is likely to vote next week on Janet Yellen's nomination to lead the Federal Reserve, said Senate Majority Leader Harry Reid on Friday. In comments on the Senate floor, Reid said the Senate will consider the Yellen nomination after voting on the budget deal on Tuesday and the defense authorization bill on Wednesday. This puts the vote likely after the central bank's two-day policy meeting next week. Yellen, who would be the first female to run the U.S. central bank, is expected to be confirmed easily. Any slim chance she would not win confirmation vanished after the Senate voted last month to change the chamber's rules to allow simple majority votes on executive and judicial nominations.Copyright © 2013 MarketWatch, Inc....
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