Media playback is unsupported on your device

US Senate set to confirm Janet Yellen as Fed chair

6 January 2014 Last updated at 07:51 GMT

The US Senate is expected to vote and confirm Janet Yellen as the next chair of the Federal Reserve.

Ms Yellen is currently the Fed's deputy chair and will replace incumbent Ben Bernanke on 1 February, becoming the first woman ever to hold the post.

The changeover comes at a tricky time, as Michelle Fleury reports from New York.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.