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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCNN Money "Trump passes over America's most powerful woman"
by Patrick Gillespie
http://money.cnn.com/2017/11/02/news/economy/trump-yellen-federal-reserve/index.html
His decision to nominate Jerome Powell to lead the Federal Reserve, rather than letting Janet Yellen keep the job for four more years, marks a loss of female leadership not just in economic circles but in the world.
Yellen is the first woman to serve as Fed chair, and she is the only woman leading a major central bank anywhere on the globe. Only 10 other women run a nation's central bank, and none of them comes close to Yellen's influence.
The others are the central bank chairs of Aruba, Belize, Cuba, Cyprus, Israel, Lesotho, Russia, Samoa, Serbia and Seychelles, according to Central Bank Directory, a publication that closely follows the world of monetary policy.
Because she steers the world's biggest economy, trillions of dollars in global markets sway with Yellen's every word. She may be the second most powerful woman on the planet, behind only German Chancellor Angela Merkel.
Her departure leaves men holding all the top jobs that guide the Trump economy.
snip - more at the link above
Tommy_Carcetti
(43,152 posts)Enough said.