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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.
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 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.
US Treasury Secretary Janet Yellen is wrapping up her second trip to China, where she raised American concerns about Chinese overproduction, ... Pedro Pardo/AFP/Getty Images. 1. Overcapacity is a ...
Treasury Secretary Jannet Yellen gave her two cents on the matter during a congressional hearing in June — stating that no currency currently exists that could displace the greenback. Don’t miss
As Treasury Secretary Janet Yellen balances the needs of a fragile economy, she is cautiously optimistic that the explosion of AI could supercharge productivity—a key metric that has plunged ...
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]
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%.