Republican Shelby cautions against blocking Yellen's Fed nomination


WASHINGTON, Oct 31 (Reuters) - A senior Republican on theSenate Banking Committee said on Thursday he would opposeefforts to block the nomination of Janet Yellen as FederalReserve chairman with a filibuster unless some sort ofdisturbing new dislosure emerged.

"I don't think I would filibuster a Fed nominee unlesssomething came up that was just horrible," Alabama SenatorRichard Shelby told Reuters Insider. "But that doesn't mean Iwont speak against them, vote against them, work against them."

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