Lesbian picked to run San Francisco Federal Reserve Bank.

FILE PHOTO: Mary Daly of the Federal Reserve Bank of San Francisco walks to lunch at the annual global central bankers conference in Jackson Hole, Wyoming, U.S. August 25, 2018. (REUTERS/Ann Saphir/File Photo)

Mary Daly, a labor economist who dropped out of high school, later earned a PhD from Syracuse University, joined the San Francisco Fed’s research department in 1996 and led it since 2017, was picked…