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Janet Louise Yellen (born August 13, 1946) 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.
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]
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve.. After earning a degree in politics from Princeton University in 1975 and a Juris Doctor from Georgetown University Law Center in 1979, [2] he moved to investment banking in 1984 and worked for several financial institutions ...
Loaded 0%. Treasury Secretary Janet Yellen told Yahoo Finance that she does "not see the basis" for a US recession, and that she expects the Federal Reserve will hit its 2% inflation target next ...
Treasury Secretary Jannet Yellen gave her two cents on the matter during a congressional hearing in June — stating that no currency currently exists that could displace the greenback. Don’t miss
That said, Yellen acknowledged the potential difficulties posed by prolonged high interest rates, stating, “It is true that higher interest rates, if they last, do create a challenge, an ...
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.
September 18, 2023 at 4:52 PM. Olivier Douliery—AFP/Getty Images. The U.S. national debt is nearing $33 trillion, but Janet Yellen isn’t worried just yet. The Treasury Secretary pointed to a ...
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