Profession: Economist and Chair of the Federal Reserve
Biography: Janet Yellen is an American economist who was the first woman to serve as Chair of the Federal Reserve, the central bank of the United States, from 2014 to 2018. Her term as Chair followed a long career in academia and public service, and she is widely respected for her understanding of economic issues.
Under her leadership, the Federal Reserve began the process of raising interest rates after keeping them near zero in the wake of the financial crisis, signaling confidence in the recovery of the U.S. economy.
Following her term as Chair of the Federal Reserve, Yellen was appointed as the United States Secretary of the Treasury by President Joe Biden in 2021, again being the first woman to hold the position. As Secretary of the Treasury, she has been instrumental in implementing the Biden administration's economic policies.
Born: August 13, 1946
Birthplace: Brooklyn, New York, USA
Age: 77 years old
Generation: Baby Boomer
Chinese Zodiac: Dog
Star Sign: Leo
Historical Events
- 2014-02-01 Janet Yellen becomes Chair of the US Federal Reserve, succeeding Ben Bernanke
- 2020-11-30 Joe Biden announces he is nominating Janet Yellen for US treasury secretary
- 2021-01-25 Janet Yellen is confirmed as the first female treasury secretary by the US Senate
- 2021-03-08 US Treasury Secretary Janet Yellen says COVID-9 pandemic has had an "extremely unfair" effect on income and economic opportunities for women
- 2023-07-09 US Treasury Secretary Janet Yellen and Chinese economic leaders end two days of talks in Beijing, aimed at stabilizing relations between the world's two biggest economies
Quotes by Janet Yellen
- "It slightly worries me that when people find a problem, they rush to judgment of what to do."
Amartya Sen
John Kenneth Galbraith
John Nash
Milton Friedman
Paul Krugman
Robert Mundell