News bites: It’s Yellen for the Fed


The charged fight over Larry Summers, another potential nominee for the post, may have cleared the path toward smooth confirmation process for Yellen, who would be the first woman to serve as the Fed’s chief, the Journal reports.

Public safety regulators are badly shorthanded by the government shutdown, according to Al Jazeera America.

Now on RegWatch:

The U.S. Department of Agriculture warned the public about a new salmonella outbreak that could tax the agency amid the shutdown.

The American Petroleum Institute sued the Environmental Protection Agency over its new renewable fuel standards for 2013.

The Federal Reserve unveiled new, more counterfeit resistant $100 bills.

The chairman of the federal Chemical Safety Board warned that the mostly shuttered agency could not respond to a major disaster.

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