Obama to Pick Yellen as Leader of Fed

José Antonio Sánchez Juárez 
U.S. GOV.
144461
October 8 2013

Obama to Pick Yellen as Leader of Fed, Officials Say

The note of The New York Times talks about  that President Obama will nominate Janet L. Yellen as chairwoman of the Ferderal Reserve.
President Obama has nominated  to Yellen but she need the approbation of the Senate but in fact democrat senators say that Yellen is a good candidate for example like the note mention  "senator Charles E. Schumer of New York, a Democratic leader, said: 
“I think she has a very good chance of being confirmed. I think she will have bipartisan support.""

The nomination of Janet L. Yellen has been perceived  like a success decision among   democrat senators while among the republican senators there are doubts. the last because senators like Bob Corker of Tennessee thinks that she have dovish views on monetary policy.

Yellen afront with several very  important decisions how to wind down the expansionary monetary policy engineered by the current chairman, Ben S. Bernanke. Ms. Yellen want the Fed to take even more aggressive measures to lift growth, believing the risks of the inflation are modest.

finally the election of Janet Yellen is a very important notice on the women's laboral world because Yellen is the first woman that is nominated as chairwoman of the Fed.

“Mr. Bernanke, the Fed’s leader since 2006, announced last month that the central bank would postpone any retreat from its stimulus campaign for at least another month and possibly until next year, because of concerns about the economy. The move surprised economists and investors on Wall Street.”

http://www.nytimes.com/2013/10/09/business/obama-to-nominate-janet-l-yellen-as-fed-chairwoman.html?hp

 This new is important because after closure of the government the issue of the budget and its relation with the responsabilities of the Federal Reserve is on the table and the issue induce to think that this desicion of the  President Obama had some motive but the same note of the "The New York Times" clarify that this desicion is just by Obama’s delay in deciding finally on Ms. Yellen because the proyect to lead the Fed was already in the mind of Obama.

for other part  senator Sherrod Brown of Ohio, whose letter endorsing said

 ““Today is a historic moment for the Federal Reserve, for women everywhere and for all of us who care about job creation.”

We have to stand out that in fact is very important for the world that a woman fill one of the most important economic policy-making jobs in the world. 

I consider that this desicion of Mr. Obama is great for the economic policy-making in EEUU because  Janet L. Yellen is a woman very able. she has been vice chairwoman since 2010 and she has had lot of jobs in this area.

the population are agree with this desicion because they know the trayectory of Mrs. Yellen.

in conclusion I think that this desicion was good and the economic condicion of The United States will be a great oportunity to Yellen demonstrate their capabilities.