Dean Minehan Quoted in Boston Globe Article on Federal Reserve

Dean Cathy Minehan, former president of the Federal Reserve Bank of Boston was quoted in The Boston Globe article "Yellen's nomination signals continuity" discussing President Obama's nomination of Janet Yellen to the head of the Federal Reserve. "Few people have the institutional Fed knowledge and understanding of the challenges ahead that Yellen possesses. Before becoming Fed vice chairman, Yellen served as president of the Federal Reserve Bank of San Francisco and a member of the Fed's board of governors. She also served as chairman of the White House Council of Economic Advisers under President Clinton.Yellen brings a down-to-earth sensibility to the central bank, Minehan said, recalling how she took public transportation or drove herself to meetings when she was president of the San Francisco Fed, instead of using the limousines offered to Fed presidents." If Janet Yellen is confirmed by the senate she will be the first woman in history to head the nation's central bank. Visit Boston.com for the full article.

 

Posted by Nicole Herrick on News & Events