The Senate Banking Committee onThursday sent Janet Yellen's nomination to be the next FederalReserve Board chair on to the full Senate.
Yellen's nomination to succeed Ben Bernanke was approved by a14-8 vote and media reports said a full Senate vote is expectedearly next month and that the Democrat-controlled chamber is likelyto confirm the president's nomination.
If confirmed, the current Fed vice chair would assume thechairmanship through January 2018 after Bernanke steps down at theend of January.
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