Yellen May Be Forced To Defend Fed's Role As Regulator

Law360, New York (November 13, 2013, 5:17 PM EST) -- Janet Yellen will face a host of questions about the Federal Reserve's bond-buying policies and implementation of the Dodd-Frank Act's rules for financial institutions at a confirmation hearing set for Thursday, but few expect the hearing to derail her confirmation as the next Fed chairwoman.

While there have been some threats from lawmakers that don't sit on the Senate Banking Committee about potentially blocking or delaying Yellen's confirmation to lead the Fed, it is widely believed that the current Fed vice chair's impressive credentials and the...
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