Report: White House Asks Dem Senators to Endorse Yellen

Friday, 20 Sep 2013 03:48 PM

By Dan Weil

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink
The White House is asking Democratic senators to start offering their public support for Janet Yellen as Federal Reserve Chairman, a Senate Democratic aide told Politico Friday.

A variety of media reports say that Obama administration officials are making clear that Fed Vice Chairwoman Yellen is Obama's choice after former White House economic adviser Larry Summers withdrew from consideration Sunday.

The Wall Street Journal reported Thursday that Yellen's name has come up in conversations between White House and Senate officials about the process for nominating the next chairman.

The Senate Democratic aide said the White House is urging senators to unite in favor of Yellen. "They are discussing a possible nomination and urging members to publicly defend her," the aide said.

In July, Democratic senators sent a letter to Obama urging him to choose Yellen. About one-third, or 18, of the Senate's 54 Democrats and their allies signed the letter, Senate aides told The Journal.

Even if Yellen gets all 54 of those votes, she'll need the support of six Republicans as well to achieve the 60 votes needed for confirmation. And that may not be easy.

Related Story:

With Summers Departure, Liberals Push Yellen for Fed Chair


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

More Detainees Set for Release From Guantanamo

Thursday, 27 Nov 2014 22:34 PM

More detainees are slowly and quietly being released from U.S. detention in Guantanamo Bay, Cuba, The Wall Street Journa . . .

Romney to GOP: Pass 'Permanent Clarification' of Immigration Laws

Thursday, 27 Nov 2014 21:45 PM

Mitt Romney is urging Republicans in the new Congress to come together, swallow hard, and pass a "permanent clarificat . . .

IRS Gave White House Thousands of Taxpayer Documents

Thursday, 27 Nov 2014 18:48 PM

The IRS improperly turned over thousands of confidential tax documents to the White House for review, according to infor . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved