BY Fatimah Hameed
on Oct 09, 2013
President Obama has officially nominated Janet Yellen to be the Chair of the Federal Reserve. If (or WHEN) she’s confirmed, Yellen will be the 15th Chair and the first woman to hold the position, a top position in an absurdly male-dominated field.
Not only this, but she will also be part of another ongoing change in the Fed, the New York Times explains, shifting it “from an institution run by market-wise bureaucrats focused on controlling inflation to an institution run by academics committed to a broader mission of steady growth and minimal unemployment. Read More