Yellen Gets the Nod

As expected, UC Berkeley economist and current Fed Vice-Chairwoman Janet Yellen got the nomination to be the next Fed chief:
http://www.economist.com/blogs/freeexchange/2013/10/federal-reserve

Update:
Some background on Yellen's academic research:
http://www.nytimes.com/2013/10/10/business/economy/for-yellen-a-focus-on-reducing-unemployment.html