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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.
The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. [5] The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office. [6][7]
In Efficiency Wage Models of the Labor Market, Akerlof and coauthor/wife, Janet Yellen propose rationales for the efficiency wage hypothesis in which employers pay above the market-clearing wage, in contradiction to the conclusions of neoclassical economics. This work introduced gift-exchange game to economics.
Janet Yellen’s Net Worth: $16 Million Confirmed by the Senate, Janet Yellen has a net worth of $16 million, accrued from stock holdings, speaking engagements and various government positions. As ...
Treasury Secretary Janet Yellen told Yahoo Finance she does "not see the basis" for a US recession, and she expects the Federal Reserve will hit its 2% inflation target next year.
The national budget deficit for fiscal year 2023 was $1.7 trillion, up from $1.38 trillion in 2022. In contrast to Moody’s assessment, Yellen emphasized various strong aspects of the U.S. economy.
Salary Chair of the Federal Reserve is a Level I position in the Executive Schedule, [1] thus earning the salary prescribed for that level (US$ 246,400, as of April 2024).
U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Yellen said she wanted ...