Forbes wrote:
As others have noted, she has gotten all the big calls on the economy right during a period when it was really hard for economists to figure out what was going on. She has already been extensively vetted and was easily confirmed by the Senate for the Vice Chair position. She would almost surely sail to confirmation, which is a big plus at a time when Fed policy is so essential to the health of the economy.
Given the urgency of selecting a new Fed Chair and given Janet’s stellar credentials, what could possibly be the hold-up?
Why does the Pres. hedge?
Given the urgency of selecting a new Fed Chair and given Janet’s stellar credentials, what could possibly be the hold-up?
Why does the Pres. hedge?
But Summers is out of the way now. Are pundits and speculators just jumping on the most obvious (and perhaps most defamatory) reasons why Obama continues to hedge on this decision?