U.S. Republican Senator Corker to support Yellen as Fed chief

Janet Yellen's bid to steer the Federal Reserve received a significant improve on Wednesday when certainly one of her greatest critics in the U.S. Senate said he had determined to support her nomination. Republican Senator Bob Corker of Tennessee said in a observation that he would put aside his reservations about Yellen as a result of he believes she’s going to bring extra transparency to the U.S. vital financial institution and has pledged to scale back Fed bond purchases as quickly as economic information beef up such a move. "In the end, I do consider she has the skills essential to be the Fed chairman and plan to give a boost to her nomination," said Corker, who voted against Yellen's nomination as Fed vice chair in 2010. Corker is a member of the Senate Banking Committee, so that you can vote on Thursday on whether to send Yellen's nomination to the entire Senate.