Janet Yellen Secretary Treasury, Bio, Wiki, Age, Height, Husband, Biden and Net Worth

Janet Yellen Bio | Wiki

Janet Yellen is an American economist. Currently, she serves as the 78th United States secretary of the treasury since January 26, 2021. Yellen served as a member of the Brookings Institution and the Chair of the Federal Reserve from 2014 to 2018. She was also a Vice-Chair from 2010 to 2014.

Yellen was nominated by President Barack Obama as chair of the United States Federal Reserve. The U.S. Senate confirmed Yellen’s nomination on January 6, 2014. She was the first woman to hold the position. Her term on the board lasted until February 3, 2018.

Janet Yellen Age

Yellen was born on August 13, 1946, in Brooklyn, New York City, United States. She is 75 years old.

Yellen Yellen Height

She is a woman of average stature. Yellen stands at a height of 5 ft 3 in. (Approx. 1.6 m).

Janet Yellen's photo
Yellen’s photo

Yellen Yellen Family

She was born and raised in the Bay Ridge, Brooklyn neighborhood of New York City by her parents Julius Yellen and Anna Ruth. Yellen grew up in a family of Polish Jewish ancestry. Her father worked from the ground floor of their home as a family physician whereas her mother was an elementary school teacher. She has an older brother, John, a program director for archaeology at the National Science Foundation.

Janet Yellen Husband

Yellen is married to her husband George Arthur Akerlof. The couple held their wedding in 1978. Arthur is an American economist who is a university professor. Together, they have a son Robert Akerlof.

Janet Yellen Education

In 1967, Yellen graduated summa cum laude in economics from Brown University. She earned a Ph.D. in economics from Yale University in 1971. Yellen then served as an assistant professor of economics at Harvard University until 1976.

Federal Reserve Janet Yellen

Yellen is a fellow in residence with the Economic Studies Program at the Brookings Institution. She became chair of the Board of Governors of the Federal Reserve System in February 2014. She served a four-year term ending February 3, 2018, and was succeeded by Jerome Powell.

Yellen then became the Vice-Chair of the Federal Reserve Board from 2010 to 2014. From 2004 to 2010 she served as the President and Chief Executive Officer of the Federal Reserve Bank of San Francisco.

Janet Yellen Secretary of Treasury | Biden

In November 2020, the candidates for Secretary of the Treasury in the Biden Administration were named. The position was given to Janet Yellen and Federal Reserve Governor Lael Brainard. She is the first woman to serve as treasury secretary.

Other appointees in the Biden administration include:

Cedric Richmond – Senior Advisor and Director of the White House Office of Public Liaison.

Ron Klain – Chief of Staff

Michelle Lujan Grisham – Leader of Health and Human Services department

Tony Blinken – National Security Advisor

Mike Donilon – Senior Advisor

Andy Levin – Secretary of Labor

Lael Brainard – Secretary of the Treasury

Susan RiceSecretary of State

Michèle Flournoy – Secretary of  Defense

Annie Tomasini – Director of Oval Office Operations

Avril Haines – Director of National Intelligence

Jake Sullivan – National Security Advisor

Alejandro MayorkasU. S Secretary of Homeland Security

Interest Rates Janet Yellen

In July 2019, she said she supports a 25-basis-point cut in the central bank’s benchmark interest rate. This was due to a weaker global economy and low inflation in the United States. Yellen was expected to cut interest rates by a quarter-point for the first time in more than a decade. Yellen said at an Aspen Economic Strategy Group meeting in Aspen, Colorado:

“The United States isn’t an island. We’re part of the global economy. What happens in the rest of the world in Europe, in Asia, affects the United States.”

Janet Yellen Quotes

There are more than 135 Quotes by Yellen. Some of the quotes include:

“In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.”

“Although we work through financial markets, our goal is to help Main Street, not Wall Street.”

“Productivity depends on many factors, including our workforce’s knowledge and skills and the quantity and quality of the capital, technology, and infrastructure that they have to work with.”

Janet Yellen Net Worth

Yellen is an American economist as well as the Vice-Chair of the Board of Governors of the Federal Reserve System. There is no doubt, therefore, that she has accumulated a decent fortune over the years. Yellen’s net worth is $13 million.

Who Is Janet Yellen

Yellen is an American economist. She was a member of the Brookings Institution and served as the Chair of the Federal Reserve from 2014 to 2018. She serves as the Secretary of the Treasury in the Biden Administration.

Janet Yellen Twitter