President Obama to Nominate Janet Yellen as First Female Chair of the Federal Reserve

October 9, 2013

The AFL-CIO applauds President Barack Obama for nominating Janet Yellen as the next chairwoman of the Board of Governors of the Federal Reserve System.  Professor Yellen is a brilliant economist with a strong record of leadership as vice chair of the Federal Reserve. Yellen also will be the first woman to serve as the chair of the Federal Reserve. We commend President Obama for breaking the glass ceiling at this critical public institution.

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