URGE PRES. OBAMA TO REJECT THE SEXIST WHISPERING CAMPAIGN AND APPOINT JANET YELLEN AS NEXT FED CHAIR!
Action Needed: Please contact President Obama right away and urge him to appoint Federal Reserve Vice Chair Janet Yellen to succeed Ben Bernanke as chair of the Federal Reserve Board of Governors. With years of experience at the Fed, an impressive academic resume, and a comprehensive view of the American economy, Yellen clearly is the best person for the job — male or female. But in addition, she would be the first woman Fed Chair and provide better gender balance to the circle of the president's top advisers — something that is sorely missing in his second administration.
It is now being reported that President Obama will not make this decision until fall — but please register your views with him now. He needs to know that women are watching this particular appointment very closely because the campaign against Yellen has been deplorably sexist.
In addition, urge the president not to appoint Lawrence Summers to this post. Summers' deregulatory zeal contributed directly to the Bush-era economic crash. Summers cannot be trusted to lead an institution that can do great good — but also great harm — to the economy overall and to women's economic security in particular. Moreover, his supporters have mounted a sexist effort to discredit Yellen by saying she lacks "toughness," is short on "gravitas" and is too "soft-spoken" or "passive." These demeaning pronouncements are of a piece with Summers' own history of misogyny — as president of Harvard he opined that women might lack an "intrinsic aptitude" for science and engineering. In short, Summers is simply the wrong person, male or female, to lead the Fed.
Use our formatted message at the end of this alert or write one of your own, but please speak out on behalf of all women and their families trying to recover from a deep and harmful recession!