Janet Yellen
About Janet Yellen
Janet Yellen is the Secretary of the Treasury and Managing Trustee, and she previously served as Chair of the Federal Reserve from 2014 to 2018.
Janet Yellen's Role as Secretary of the Treasury
Janet Yellen currently serves as the Secretary of the Treasury, a role in which she also acts as the Managing Trustee. In these positions, she oversees the Treasury Department's efforts to manage the U.S. government's finances, including the issuance of all Treasury bonds, notes, and bills. Yellen is involved in formulating and recommending domestic and international economic and financial policy. Her experience and leadership shape the fiscal strategies of the United States.
Janet Yellen's Tenure as Chair of the Federal Reserve
Janet Yellen served as the Chair of the Federal Reserve from 2014 to 2018. During her tenure, she guided the Federal Reserve through a period marked by gradual economic recovery and the implementation of monetary policies aimed at stabilizing the post-recession economy. Her leadership was characterized by a data-driven approach to policy-making and a focus on reducing unemployment while keeping inflation at bay.
Janet Yellen's Academic Contributions
Janet Yellen was a professor at the University of California, Berkeley, where she contributed significantly to the field of economics through her teaching and research. She earned her PhD in Economics from Yale University and graduated summa cum laude from Brown University with a degree in Economics. Yellen has published numerous articles on a wide variety of macroeconomic issues, influencing both academic thinking and practical policy-making.
Janet Yellen's Role at the Federal Reserve Bank of San Francisco
Before becoming Chair of the Federal Reserve, Janet Yellen served as the President and CEO of the Federal Reserve Bank of San Francisco. In this role, she was responsible for overseeing the bank's operations and contributing to the formulation of national monetary policy. Her insights and leadership were instrumental in the region's and the nation's economic strategies.
Janet Yellen's Family and Personal Life
Janet Yellen is married to George Akerlof, a Nobel Prize-winning economist. The couple has one son, Robert Akerlof, who is also an economist. The family's collective contributions to the field of economics are notable, with each member being recognized for their individual academic and professional achievements.