White House Encourages Praise of Fed's Yellen

All signs point to President Barack Obama nominating Janet Yellen for the chairmanship of the Federal Reserve.In phone calls to Senate Democrats, White House officials have been asking them to talk favorably about Ms. Yellen in public settings, a Senate Democratic aide said Friday. Also, the White House has asked senators to lay out any objections they might have to Ms. Yellen now, rather than after the nomination is announced, the aide said."Every signal we've received since Lawrence Summers withdrew Fashion Dresses is that she is their pick," the aide said."The message has been it would be nice if folks could start saying positive things about her and if you have any issues please let us know now because we don't want to be sandbagged by anything."

Another Senate official familiar with the White House's thinking about the Fed selection also said the White House has told him Ms. Yellen – who is now vice chair of the Fed — is the likely nominee.Nothing's for certain Fashion Dresses, though. At one point Mr. Summers, a former top White House economic adviser, was the front-runner to succeed Ben Bernanke as Fed chairman. But the Summers candidacy collapsed as Senate Democrats complained about his ties to Wall Street and urged that Ms. Yellen be chosen instead.The White House declined to comment Friday.With no nominee in place, the Senate isn't likely to hold a confirmation hearing until late October or November, the Senate aide said.

Bipartisan good feeling is never in abundance on Capitol Hill. But the atmosphere is especially toxic these days due to the budget fights. If lawmakers can't reach a compromise,Fashion Dresses the Fed nomination hearings could unfold at the same time Congress is arguing about shutting down the government and lifting the debt ceiling."I don't think it necessarily endangers her confirmation because Democratic support is very strong and Republicans have made positive noises," the aide said. "But it could delay it –Fashion Dresses and delay is always bad."It sounds like the plot of TV drama like "24," or, more recently, the acclaimed "Homeland," whose third season premieres Sunday on Showtime. In fact, it's the real-life story of British national Samantha Lewthwaite, who is suspected of participating in last weekend's bloody terror attack on Nairobi's Westgate shopping mall.
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