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US Senate Confirms Janet Yellen as New Central Bank Chief

The U.S. Senate has confirmed Janet Yellen as the new chair of the country's central bank, making her one of the most powerful figures in world economic circles.Monday's vote was 56 to 26. A simple majority was all that was needed to confirm.President Barack Obama says the American people will have in Yellen a fierce champion who he says understands that the goal of financial policy is improving the lives and jobs of workers and their families.Yellen will be the first woman to head...

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