Rand Paul Says It's Likely Yellen Will Be Confirmed as Next Fed Chair

Sen. Rand Paul thinks the Senate will confirm Janet Yellen as Federal Reserve chair — despite his plan to throw a speed bump into the process.

Paul told Senate leaders earlier this week that he will file a hold on her nomination to try to force a vote on legislation first championed by his father, former-Rep. Ron Paul (R-Texas), that would authorize the Government Accountability Office to audit how the central bank implements monetary policy.

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