Janet Yellen Candidate for Chair of the Federal Reserve

I read this and felt compelled to share it - Janet Yellen is being considered for appointment as the new chair for the Federal Reserve.  If you feel we should have Janet appointed, call the President’s office to let him know, tell him you are joining with the US Women's Chamber to ask him to appoint Janet Yellen: http://www.whitehouse.gov/contact/write-or-call. 
Comments: 202-456-1111
Switchboard: 202-456-1414
Thank you.  Margot Dorfman, CEO USWCC 
 

The Case for Janet Yellen Gets Stronger Every Day
Posted by Terry O'Neill, National Organization For Women

President Obama is having a busy week.

He's trying to build support for military action against Syria. He's meeting with Vladimir Putin at the G-20 summit in St. Petersburg. And he's scrambling to put together a deal with Congress to raise the debt limit and avoid a government shutdown.

With so much going on, why in the world is Barack Obama picking a fight with the nation's women?

Obama's choice of a new chair for the Federal Reserve is expected within the next few weeks, and the two finalists are said to be current Fed Vice-Chair Janet Yellen and former treasury secretary and presidential adviser Larry Summers.

There has never been a woman chair of the Fed, and correcting that inequity is long overdue, but it's also true that Dr. Yellen is the best person for the job, male or female.

Janet Yellen was one of the few in the Fed system to sound the alarm on subprime mortgages in 2007, while Lawrence Summers shut down Brooksley Born's effort to crack down on derivatives. It's not hard to connect the dots: lax regulation contributed to the financial meltdown that ushered in the 'Great Recession' -- with devastating impacts on women, who have less savings to fall back on because of an enduring gender wage gap. Lawrence Summers can't be trusted to understand the everyday economic problems women face.

Read more: http://www.huffingtonpost.com/terry-oneill/the-case-for-janet-yellen_b_3872012.html?view=print&comm_ref=false