To the Point
Time 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.
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. It's a highly technical job of global importance, but the campaign between their supporters has raised issues of a different kind. New York Times columnist Maureen Dowd has written that Summers "is being pushed by the boys' club around President Obama." Is Yellen as well qualified as Summers? Is it time for a woman, or is big-time banking still a man's world? Is the gender issue relevant to a technical job of global importance?
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