To the Point
Time for a Woman Fed Chairman or Is Banking Still a Man's World?
The campaign to replace Ben Bernanke as head of the Federal Reserve, including arguments about personality and gender. Also, an update on the US, Egypt and the Middle East.
By Warren Olney • • 51m ListenThe campaign to replace Ben Bernanke as head of the Federal Reserve has been called a "circus" that's inappropriate for an appointment of major importance to the global economy. Does Larry Summer's "prickly" personality" really matter? What about Janet Yellin's gender? Also, an update on the US, Egypt and the Middle East.
Banner image: (L-R) Former Treasury Secretary Larry Summers (Photo: Chatham House) and Vice Chair Janet L. Yellen (Photo: Federal Reserve)
In this episode
2 storiesObama Condemns Egypt Violence as Death Toll Climbs
The United States has cancelled a bi-annual joint military exercise with Egypt in light of yesterday's deadly crackdown by Egypt's interim government on protesters and the new State of Emergency. More than 500 people were killed and 3000 injured. But the US has still not threatened to freeze $1.3 billion in American aid.
Read the story24 minTime for a Woman Fed Chairman or Is Banking Still a Man's World?
Ben Bernanke's term as Chair of the Federal Reserve won't end until January, but the campaign over who should replace him is already hot and heavy. Larry Summers and Janet Yellen are the leading candidates to replace Bernanke.
Read the story28 min
