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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.
Janet Yellen, the incumbent Treasury Secretary, is the highest ranking Jewish woman to hold a cabinet post. Two Jewish cabinet secretaries were immigrants to the United States: Kissinger, Secretary of State under Presidents Richard Nixon and Gerald Ford , and W. Michael Blumenthal , Secretary of the Treasury under President Jimmy Carter .
This morning, Janet Yellen sat down in front of the Senate Banking Committee to begin her confirmation as the next chair of the Federal Reserve. Coming out of that meeting, many expect 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.
Treasury Secretary Janet Yellen has sounded the alarm bells about losses in the commercial real estate (CRE) market — and their potential impact on U.S. banks. ... Office properties are leading ...
By David Lawder. (Reuters) -U.S. Treasury Secretary Janet Yellen said on Saturday that she is "probably done" serving at the highest levels of government after President Joe Biden's term ends in ...
Website. treasury.gov. The Department of the Treasury (USDT) [2] is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. [3] The department oversees the Bureau of Engraving and Printing and the U.S. Mint.