- Janet Yellen is to meet individually with US senators next week ahead of Senate committee nomination hearings in early November
- There are signs that Senator Rand Paul is considering placing a ‘hold’ on her nomination that may delay proceedings or even imperil her nomination (Bloomberg reports suggest a hold will probably not imperil it)
- Paul wants legislation to require more audits of the Fed and to thereby increase political pressure on it
More details at Bloomberg report
Initial headlines here and here