President Obama nominated Janet Yellen to be the next head of the Federal Reserve . Frida Ghitis : Yellen is exactly the right person for the challenges of our time . She has a deep understanding of economics and monetary policy, which will help her navigate through this difficult period in American history with confidence. Ghitis : As the first woman to lead America 's central bank , she 'll be a powerful force .
President Obama nominated Janet Yellen to be the next head of the Federal Reserve . Frida Ghitis : Yellen is exactly the right person for the challenges of our time . She says Yellen will likely do more to reduce unemployment and promote growth . Ghitis : As the first woman to lead America 's central bank , she 'll be a powerful force .