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President Obama to Nominate Janet Yellen as First Female Chair of the Federal Reserve 

http://www.aflcio.org/Blog/Political-Action-Legislation/President-Obama-to-Nominate-Janet-Yellen-as-First-Female-Chair-of-the-Federal-Reserve 

News broke last night that President Barack Obama will nominate Janet Yellen as the next chairwoman of the Federal Reserve. AFL-CIO President Richard Trumka released the following statement today on the nomination:

The AFL-CIO applauds President Obama for nominating Janet Yellen as the next chairwoman of the Board of Governors of the Federal Reserve System. Professor Yellen is a brilliant economist with a strong record of leadership as vice chair of the Federal Reserve. Professor Yellen will also be the first woman to serve as the chairman of the Federal Reserve. We commend President Obama for breaking the glass ceiling at this critical public institution...