# Prof. Richard Sylla on Janet Yellen's appointment to the Federal Reserve

1 Faculty News January 8, 2014 ![CNC World logo](/sites/default/files/styles/246w/public/assets/images/con_031421.jpg?itok=hGe_2JA_)>

Excerpt from [CNC World](http://en.cncnews.cn/news/v_show/37927_US_Senate_confirms_Yellen_as_Fed_s_chair.shtml) -- "I've studied that history as a financial historian and it’s very important that the Fed has strong leaders and there have been a number of them. There have been some other cases where the Fed has weak leaders and usually the country gets into a little trouble and the financial system does when the Fed leadership is weak. I would say that the leader of the Fed has to be strong, has to be a good leader that is able to know where the Fed should be going."

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