Alan Greenspan has been many things to many people. In monetary policy, he was the patron saint of central bankers or a sinner who brought about the global financial crisis, depending who made the assessment and when.
To many who knew Janet Yellen growing up in a Jewish home in Brooklyn, her nomination to lead the Federal Reserve came as no surprise. She was always the smartest kid on the block.
Janet Yellen, President Barack Obama’s pick to lead the Federal Reserve, combines a solid reputation as an economist with a keen interest in communication - fitting for someone who once joked that her dinner guests should expect a discussion of economics.
Janet Yellen would be the first woman to lead the Federal Reserve since its creation nearly a century ago. But she’ll be far from the first Jew.