The Federal Reserve needs the help of a seasoned professional with good ideas. It seems that many in the world of finance and business have taken her advice before and will honor it again when she becomes the chairperson. She has all the experience and skill needed to monitor world finance.
The truth is, no one knows what policies Yellen will support as Chairman of the Federal Reserve. She would probably continue with the current policies that had caused the Great Recession and several years of slow growth. Obama should instead appoint someone who will make bigger changes to solve the problems in the financial system.