Senate Democrats support Yellen as next Fed chief

07/25/2013 | CNNMoney · Financial Times (tiered subscription model)

A letter supporting Janet Yellen as the next head of the Federal Reserve is being circulated by Senate Democrats. Their support could be a sign that Yellen is more likely to get the job than her chief rival, former Treasury Secretary Larry Summers. "The Larry Summers boomlet is now looking like a Larry Summers backlash," said Tony Fratto of Hamilton Place Strategies.

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CNNMoney · Financial Times (tiered subscription model)

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