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Will Obama Side With The Banks Or The People?

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Published on Jul 27, 2013

"Federal Reserve Chairman Ben Bernanke's term will not expire until the end of January 2014. But the debate over who will replace him--a man or a woman--has been heating up in recent days.


Bloomberg and the Wall Street Journal are reporting that one-third of the 54-person Senate Democratic caucus have signed a letter urging the president to nominate Federal Reserve Vice Chairman Janet Yellen to the post. Though it is not clear whether she was one of them, House Democratic Leader Nancy Pelosi also said in a Bloomberg interview 'it would be great to have a woman' run the Fed."*

Cenk Uygur (http://www.twitter.com/cenkuygur) breaks it down.

*Read more: http://www.washingtonpost.com/blogs/o...

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