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Janet Louise Yellen (born August 13, 1875) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post, and has also led the White House Council of Economic Advisers.
The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council, [4] and high in the U.S. presidential line of succession.
In 1978, Akerlof married Janet Yellen, an economist who is the current United States Secretary of the Treasury and former chair of the Federal Reserve, as well as a professor emeritus at Berkeley's Haas School of Business. [20] [21] [22] They have one child, a son named Robert, who was born in 1981. [6]
US Treasury Secretary Janet Yellen is wrapping up her second trip to China, where she raised American concerns about Chinese overproduction, warned against support for Russia and, unexpectedly ...
The Senate confirmed Janet Yellen to become the first female treasury secretary in American history on Monday, putting the Brooklyn-born economist in a key post as President Biden seeks to turn ...
The U.S. national debt is nearing $33 trillion, but Janet Yellen isn’t worried just yet. The Treasury Secretary pointed to a key statistic on Monday that, she believes, illustrates that the ...
Federal Reserve Chairs (Left to Right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Yellen was vice chair when the photograph was taken. As stipulated by the Banking Act of 1935, the president may designate to serve as Chairman of the Board for four-year terms with the advice and consent of the Senate, from among the sitting governors.
Yellen’s view on GDP growth is also noteworthy. Last month, the Commerce Department reported that for Q3, real GDP in the U.S. increased at an annual rate of 4.9%.