Texas Republican, who served on the Congressional TARP Oversight Panel, would replace Board Member Michael Fryzel.
The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
Reports say vote to come up on Tuesday, Dec. 10, under new rules after October vote blocked.
NAFCU expresses appreciation for Yellen's "openness" as bid to succeed Ben Bernanke heads to full Senate.
Legislation would delay flood insurance premium increases for up to four years.
NCUA Board member tells AACUL he "wants to see standards that are as minimal as possible."
Fed nominee says larger banks in line for more regulation.
Watt’s confirmation blocked (by 56-42 vote) because he’s a "politician," senator says
Senate Majority Leader Harry Reid (D-Nev.) moves to invoke cloture on nomination for Rep. Mel Watt (D-N.C.)
Sessions, Corker, Cornyn, Roberts speak out on Fed nominee. "Ms. Yellen subscribes to the liberal school of thought."