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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.
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]
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.
Treasury Secretary Janet Yellen said Thursday she believes the U.S. economy is making the “soft landing” that she predicted two years ago, when inflation soared after the pandemic. In a live ...
From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China. FATIMA HUSSEIN. April 8, 2024 at 7:56 PM.
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 said President Biden's 2025 budget proposed an additional $3 trillion of defect reduction over the next 10 years, and that would be sufficient to hold the debt-to-GDP ratio "at more or less ...