Sen. Paul threatens to hold up Janet Yellen nomination

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Sen. Rand Paul, a Republican of Kentucky, has threatened to try to block the nomination of Janet Yellen to replace Ben Bernanke as chairman of the Federal Reserve. The threatened hold means that Yellen will need 60 votes on the Senate floor on a cloture motion to break that hold.

WASHINGTON (Reuters) – President Barack Obama’s nomination of Janet Yellen to head the Federal Reserve. Reid dismissed Republican Senator Rand Paul’s threat to place "a hold" on the nomination.

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Tea Party favorite Sen. Rand Paul is threatening to place a hold on the nomination of Janet Yellen as chairman of the Federal Reserve unless he gets a vote on a bill to audit the Fed.

Rand Paul threatens to block three more Fed nominations.. the practice of threatening to hold up nominations.. to hold up the nomination of fed chairwoman janet yellen in order to force a.

 · Sen. Rand Paul is threatening to put a hold on the nomination of Janet Yellen to chair the Fed, a source close to the Kentucky Republican said.

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Freddie extends mortgage forbearance for unemployed A mortgage forbearance agreement is not a long-term solution for delinquent borrowers; it is designed for borrowers who have temporary financial problems caused by unforeseen problems such as.

SENATOR. CHANG: Janet Yellen faces her confirmation hearing this month to become the next chair of the Federal Reserve. At least two Republicans – Lindsey Graham of South Carolina and Rand Paul of.

CNN.com – Transcripts – Return to Transcripts main page. THE SITUATION ROOM. Note: This page is continually updated as new transcripts become available. If you cannot find a specific segment, check back later.

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Sen. Rand Paul plans to block Janet Yellen’s nomination as head of the Federal Reserve unless a vote is taken on a bill first championed by his father, former Rep. Ron Paul, to increase the central bank’s transparency.