The only chairmanship to change will be on the Finance Committee, where Sen. Daniel Patrick Moynihan (D-N.Y). is slated to replace Lloyd Bentsen, the Texas Democrat nominated as secretary of the Treasury.
During his chairmanship, the bank changed its focus from its original lending business and began to expand its issuing and asset management franchise.
It used to be that seniority was the main determinant of committee chairmanship, but that's changed over the past 20 years.
The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials.
Inhofe, who took over the chairmanship of the Senate's Environment and Public Works Committee from Boxer after control of the Senate changed hands this year, said he may have no closer friend in the Senate than Boxer after 28 years of serving together in the House and Senate.
Mr Shelby challenged Ms Yellen on possible reform of the Fed, suggesting that the Vice Chairmanship of the Fed should change more regularly and that regional reserve banks should be given more influence.
The Democrats promised Mr. Jeffords he would retain the chairmanship of the Health, Education, Labor and Pensions Committee should he change parties.
Senator Maltese, however, said the Republicans planned to pass the version, introduced on Friday, that ties the city's request to an old Republican proposal to change the way the chairmanship of the Board of Elections rotates among its members.
Mr. Leahy's decision to pass up the chairmanship highlights another change: the diminished appeal of leading the panel.
The Walt Disney Co.'s critics Thursday urged the company's board to plan for a successor to Chief Executive Michael Eisner, calling his removal from the chairmanship a cosmetic change that ignored an unprecedented shareholder protest.
