Fed Chair Battle Reveals Need for More Women in Economic Policy-Making

Sheila Bapat writes for RH Reality Check: “An unexpected battle for the position of Federal Reserve chair has ensued over the past week between Federal Reserve Vice Chair Janet Yellen and former director of the National Economic Council, Lawrence ‘Larry’ Summers. For a while, Yellen seemed the likely pick and was poised to make history as the first woman appointed to chair the Federal Reserve—until Summers entered the fray. Washington Post reporter Ezra Klein has noted that despite Yellen’s stellar qualifications, there is a ‘subtle, sexist whisper campaign’ against Yellen in Washington circles.”