President Barack Obama is playing politics with his choice for Federal Reserve chair, but he'll get his nominee confirmed on Capitol Hill because "it's too serious a job," said Glenn Hubbard, advisor to Mitt Romney's 2012 presidential campaign and economic advisor to George W. Bush.
"This is the first time I've ever seen a president fan political flames like this," Hubbard, dean of Columbia Business School, told CNBC's "Squawk Box" in an interview Monday.
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He also thought the discussion of whether Fed Vice Chair Janet Yellen should get the top post because she's a woman is ridiculous. "Yellen is a great economist, great listener, great consensus builder," Hubbard explained. "She's great, not because she's a woman."