Janet Yellen picked for Fed leadershipTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoSandra Schwarte10/09/2013October 9, 2013US President Barack Obama has nominated Janet Yellen to be the next chair of the Federal Reserve. She would be the first woman to hold the post, and faces the task of winding down the Fed's massive stimulus program.https://p.dw.com/p/19wpWAdvertisement