Senate confirms Janet Yellen as first female head of the US Federal Reserve

The US Senate has confirmed Janet Yellen as the next head of the US Federal Reserve, the BBC reports.

Fifty-six senators voted in favour of Ms Yellen with 26 opposed – many members of the chamber were unable to attend the vote because of bad weather.

It was the last procedural hurdle for the 67-year-old before taking over from outgoing chair Ben Bernanke on 1 February.

She is the first woman to lead the central bank in its 100-year history.

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