WASHINGTON - Today, U.S. Senator Tom Udall joined the Senate in confirming Janet Yellen to serve as Chairwoman of the Federal Reserve. He issued the following statement:
"Today's vote was a historic moment for the Federal Reserve and for our nation. I look forward to seeing Dr. Yellen become the first woman to lead the Federal Reserve Board. As Vice Chair of the Fed, Dr. Yellen has proven herself to be a thoughtful and extremely effective leader. I look forward to her experienced hand and strong voice for working families as she takes its helm.
"I am also pleased that our efforts to reform Senate rules allowed a swift up-or-down vote on Dr. Yellen. The Senate is now able to do its job with respect to nominees without the partisan gridlock and obstruction that have become the norm in the Senate."
