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Janet Yellen, President Obama's nominee to succeed Ben Bernanke as Federal Reserve chairman, smiles after finishing her confirmation hearing before the Senate Banking Committee on Capitol Hill in Washington, Thursday, Nov. 14, 2013. Yellen, 67, is expected to be confirmed by the Democratic-controlled Senate before Bernanke steps down in January. (AP Photo/J. Scott Applewhite)
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Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)
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This Thursday, Nov. 14, 2013, photo, shows the main entrance of the Lockheed Martin plant in Goodyear, Ariz. Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending. The Bethesda, Md.-based Lockheed Martin Corp. said Thursday that it will close plants in Arizona, Ohio, Pennsylvania and Texas, as well as four buildings in a California campus, by mid-2015, eliminating 2,000 jobs. (AP Photo/Matt York)
