Former Wall Street Watchdog Rips 'Sexist Arguments' Against Yellen

Former Wall Street Watchdog Rips 'Sexist Arguments' Against Yellen
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FILE - In this April 16, 2008, file photo, Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco, speaks about foreclosures to the Bay Area Council Outlook Conference in Alameda, Calif. President Barack Obama on Thursday, April 29, 2010, will name Janet Yellen to be vice chairwoman of the Federal Reserve and will fill two other vacancies at the central bank whose decisions influence economic activity, employment and inflation. (AP Photo/Paul Sakuma)

There is a "horrible whispering campaign in Washington" against Federal Reserve Vice Chair Janet Yellen taking the top job, former FDIC chair Sheila Bair told CNBC on Tuesday.

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