Republican Senator Bob Corker said on Wednesday he has decided to support Janet Yellen's nomination to lead the Federal Reserve. Corker, who voted against Yellen's nomination as Fed vice chair in 2010 and recently voiced skepticism about her taking over as chairwoman of the U.S. central bank, said in a statement that he decided to support her in part because he believes "she will bring a more transparent approach to Fed decisions and guidance." "During our discussions, she made a commitment to moderate (bond) purchases as soon as she believes the data supports that action and shows that the current status cannot continue," said Corker, a longtime critic of the Fed's bond buying program known as quantitative easing.
By Mary Wisniewski CHICAGO (Reuters) - Illinois Governor Pat Quinn is expected to sign same-sex marriage into law on Wednesday afternoon, which will make President Barack Obama's home state the 16th to allow such unions. Illinois state senators voted to legalize gay marriage last February, and the state House followed suit by a slim margin earlier this month. Once signed by the Democratic governor, the law is due to take effect on June 1, 2014. The Illinois measure is the latest in a series of recent victories for gay rights, coming after Hawaii's governor signed gay marriage into law last week and after New Jersey Governor Chris Christie dropped his legal opposition to such unions last month.