President Obama nominated Janet Reno to be the next Governor of the Federal Reserve . Nancy Ghitis : Yellen is exactly the right person for the economy of our time . To this day , Greenspan has only the highest praise for her rigorous intellectual analysis and powers of persuasion . She says Yellen will likely do more to reduce unemployment and economic growth . Ghitis : As the first woman to lead America 's central bank , she 'll be a powerful force .
President Obama nominated Janet Reno to be the next Governor of the Federal Reserve . Nancy Ghitis : Yellen is exactly the right person for the economy of our time . She says Yellen will likely do more to reduce unemployment and economic growth . Ghitis : As the first woman to lead America 's central bank , she 'll be a powerful force .