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Treasury Secretary Janet Yellen criticized the prior administration often in a speech on Thursday. She didn't name Trump, but said his appointees rolled back key regulations to protect the economy.
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.
Janet Yellen, right, chats with Ben Bernanke, second from left, in 2017. ... Yellen and Bernanke are the two figures who preceded Jerome Powell as Fed chair, with Yellen serving in that role from ...
Yellen, in excerpts of remarks to be delivered at a Treasury markets conference in New York, said reforms instituted after the 2007-2009 financial crisis have helped the system weather turbulence ...
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.
Yellen’s view on GDP growth is also noteworthy. Last month, the Commerce Department reported that for Q3, real GDP in the U.S. increased at an annual rate of 4.9%.
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 .
The U.S. national debt is nearing $33 trillion, but Janet Yellen isn’t worried just yet. The Treasury Secretary pointed to a key statistic on Monday that, she believes, illustrates that the ...