Wednesday, December 18, 2013

Mitch McConnell Will Vote Against Janet Yellen's Confirmation

Senate Minority Leader Mitch McConnell (R-Ky.) will vote against confirming Janet Yellen to chair the Federal Reserve, his office told Business Insider on Tuesday.

In a statement provided by his office, McConnell suggested Yellen's policies would be more of the same — and said that her confirmation should be an opportunity to "scrutinize the recent actions and the historic mission of the Fed."

"I will not be supporting Janet Yellen’s confirmation to the Fed, in large part over serious concerns I have about her commitment to the most important job of the central bank — maintaining the purchasing power of the dollar," McConnell said in the statement. "After years of federal stimulus, we need a Fed chairman who is unquestionably committed to a strong dollar.

"The confirmation of a new Fed chief is a perfect time for the Senate to scrutinize the recent actions and the historic mission of the Fed. That’s why I support Senator Paul’s bill to audit the Fed and challenge the Democrats to allow it to come up for debate.”

Oh pulheez, if the Senate needed his vote for a Yellen confirmation, he would be there. This is just phony posing for the tea party vote.

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