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Monday, December 09, 2019 {{ new Date().getDay() }}

Washington (AFP) – President Barack Obama on Wednesday nominated respected economist Janet Yellen to lead the Federal Reserve, replacing outgoing Chairman Ben Bernanke, who carried the central bank through the financial crisis.

Yellen, 67, will be the first woman ever to lead the Fed, and is widely expected to sustain Bernanke’s focus on supporting the U.S. economy until joblessness can be brought down.

“America’s workers and families will have a champion in Janet,” Obama said in a White House ceremony, flanked by Yellen and Bernanke.

He called Yellen “exceptionally qualified” for what he said was one of the most important jobs in the world.

“She is a proven leader, and she’s tough. Not just because she is from Brooklyn,” Obama said.

He cited her record of having “sounded the alarm early” about the housing and financial bubble that led to the 2008-2009 recession.

“She calls it like she sees it,” Obama said.

Justice Ruth Bader Ginsburg

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Just over year before her untimely death on Friday, the late Justice Ruth Bader Ginsburg appeared as a guest lecturer for the Clinton School of Public Service in Little Rock, AR with National Public Radio correspondent Nina Totenberg. The crowd that signed up to see "Notorious RBG" live was so large that the event had to be moved to a major sports arena – and they weren't disappointed by the wide-ranging, hour-long interview.

Witty, charming, brilliant, principled, Ginsburg represented the very best of American liberalism and modern feminism. Listen to her and you'll feel even more deeply what former President Bill Clinton says in his poignant introduction: "Only one of us in this room appointed her…but all of us hope that she will stay on that court forever."