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Janet Louise Yellen (born August 13, 1946) is an Jewish 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. Yellen is the Eugene E. and Catherine M. Trefethen ...
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] Under the Appointments Clause of the United States Constitution ...
Janet Yellen’s Net Worth: $16 Million. Confirmed by the Senate, Janet Yellen has a net worth of $16 million, accrued from stock holdings, speaking engagements and various government...
One might hope the incoming treasury secretary would be good with money. Confirmed by the Senate, Janet Yellen accrued her net worth from stock holdings, speaking engagements and various ...
According to the latest report, inflation-adjusted wages and salaries rose by 0.8% in the 12 months ending March 2024.
Chair of the Federal Reserve is a Level I position in the Executive Schedule, [1] thus earning the salary prescribed for that level ( US$ 246,400, as of April 2024).
This is how much money you need to earn annually to comfortably buy a $600,000 home. Yellen looks at one key statistic to determine if the U.S.'s national debt is sustainable, and she says it's...
The United States attorney general ( AG) is the head of the United States Department of Justice, and is the chief law enforcement officer of the federal government of the United States. The attorney general serves as the principal advisor to the president of the United States on all legal matters. The attorney general is a statutory member of the Cabinet of the United States .
According to the Labor Department’s latest jobs report, nonfarm payrolls increased by 150,000 in October 2023. The unemployment rate rose from 3.8% to 3.9% for the month. Historically, the long ...
The first wave of New Keynesian economics developed in the late 1970s. The first model of Sticky information was developed by Stanley Fischer in his 1977 article, Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule. [6] He adopted a "staggered" or "overlapping" contract model. Suppose that there are two unions in the economy, who take turns to choose wages. When it is ...