As of July 25th, sources confirm that the President is choosing between either Janet Yellin or Larry Summers to serve as the next Chairman of The Federal Reserve.
For a concise rundown on both of these people, see Robert Reich's post from 07/25/2013 here: https://www.facebook.com/RBReich
In short: Yellin has impeccable credentials, is currently Vice-Chair of the Fed, and is least likely to continue the crony corporatism that has infected Washington.
Summers nudged Clinton to kill Glass-Steagall, opposed regulating commodity derivatives and as chair of the National Economic Council under Obama, he and Tim Geithner, then Treasury Secretary, bailed out Wall Street while refusing to impose tough conditions on the banks. He is said to be tied closely to Goldman Sachs.
Support Yellin.