Obama is About to Nominate a Woman to Chair the Federal Reserve

A White House official told the Washington Post today that now that Larry Summers had his man-feelings hurt and withdrew his name from consideration, Yellen, who has worked at the Fed for many moons, has moved to the top of the list.

This would have been a much move if the President hadn’t nominated the first woman to the Fed Chairmanship only after his first choice, a famously sexist human Boys Club stock photo, bowed out.

[WaPo]