Iowa Sen. Harkin backs Yellen, but Grassley on the fence
WASHINGTON (MCT) — Janet Yellen received ringing endorsement from Sen. Tom Harkin Wednesday, but Sen. Chuck Grassley took a wait-and-see position on President Barack Obama’s nominee to chair the Federal Reserve.
“Yellen has the experience, foresight and temperament that our country needs in a Federal Reserve chair,” said Harkin, a Democrat.
Grassley didn’t question the qualifications of the Fed’s vice chairwoman, but said his decision on how to vote on her confirmation will depend on how she approaches the job.
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