STATEMENT: Neera Tanden on the Nomination of Janet Yellen as Fed Chairwoman

Washington, D.C. — Today, Neera Tanden, President and CEO of the Center for American Progress, issued the following statement on President Barack Obama’s nomination of Janet Yellen to chair the Federal Reserve:

Janet Yellen’s long history of experience with central banking makes her an excellent choice to lead the Federal Reserve. Her exceptional ability to understand how policies impact our country’s financial performance will be key to ensuring that America continues down a path toward full economic recovery. And as the first woman to run the Fed, Janet is breaking yet another glass ceiling in an arena full of gender barriers. Because of her leadership, determination, and courage, more little girls around the world can dream of someday running economies.

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