Elizabeth Warren: Janet Yellen would be ‘terrific’

[ProSense]

Elizabeth Warren: Janet Yellen would be ‘terrific’

By JAMES ARKIN

Elizabeth Warren said Monday she hopes President Obama will pick Janet Yellen to run the Federal Reserve, and that it was “no secret” that Larry Summers was not the Massachusetts Senator’s first choice.

“Janet Yellen, I hope, will make a terrific federal reserve chair,” Warren said on MSNBC’s “Morning Joe.” “I hope she’s nominated. She has great experience, she has great judgment. I think she would make a terrific federal reserve chair. The president will make his decision but I hope that happens.”

Summers announced Sunday that he was removing his name from consideration due to what was expected to be an extremely difficult confirmation process. Warren, along with several other Democrats on the Senate Banking Committee, were expected to oppose Summers’ nomination.

“Well, I don’t think it’s any secret that Larry was not my first choice,” Warren said. “He’s a brilliant economist who has made many terrific contributions to the field of economics. I have no doubt that he’s going to continue to do that in the future. I think that the president is working through a difficult decision. It’s a reminder of the importance of the Federal Reserve chair…. I think the president is taking his time, he’s thinking through this and we’re having a good and thoughtful discussion, which is a good thing to have in Washington.”

http://www.politico.com/story/2013/09/elizabeth-warren-janet-yellen-would-be-terrific-96848.html

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http://www.democraticunderground.com/10023675038

[Scuba]

1. "... she has great judgment." From a woman with great judgment and courage. I'm in.

[treestar]

2. I'm curious why this is OK

but not OK for Obama's supporters.

Shouldn't we get to call you fangirl or the like?

[Scuba]

3. Call me anything you like.

See, EW has never named Tim Geither nor Eric Holder to any position.

[treestar]

5. The principal is still the same though

and she's not President of the U.S., so she has no right to appoint or name anyone.

[whttevrr]

4. I do not know enough about the people up for the post...

But, I do trust Elizabeth Warren.

I hope Washington does not change her in the wrong way.

What is amazing, is that I trust her more than my own Senators. And, I am currently living in a very Blue state. As a matter of fact: I have almost no trust in Feinstein and Boxer...