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Republican Shelby cautions against blocking Yellen's Fed nomination

WASHINGTON, Oct 31 (Reuters) - A senior Republican on the Senate Banking Committee said on Thursday he would oppose efforts to block the nomination of Janet Yellen as Federal Reserve chairman with a filibuster unless some sort of disturbing new dislosure emerged.

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