Janet Yellen First Woman Chair of the Federal Reserve. Wow!

Is anybody taking note of many firsts that are happening in the Obama Administration?  Notwithstanding the fact that President Obama is the first African American President.  Our President continues to tear down the walls of gender, race and sexual orientation throughout the government and is making historic changes.  Janet Yellen is another example of this type of historic change.  The Federal Reserve has a woman as the Chair for the first time in history of the Federal reserve.  This is a big deal and it represents major change at the Federal Reserve.  I am not sure if the male dominated congress is really ready for Mrs. Yellen in spite of her confirmation.   

Her speech clearly conveys her goals and intentions in leading the Fed through the serious challenges we face as nation.  There are many questions that will be answered over the next few weeks that will give us an indication of what type of a chairwoman she will be.  Will a woman's approach be the difference we need at the Fed?  Or does the fact that she is a woman make a difference on how we deal with present and future crises?  I am waiting to see.  Someone once said "If you want to get a job done right give it to a woman."  Well, here and now, more than ever, do we need the job done right—let’s hope she does it.  Good luck Janet Yellen.  You are going to need it.   

http://www.federalreserve.gov/newsevents/speech/yellen20140305a.htm