Facts of Janet Yellen
|Full Name:||Janet Yellen|
|Age:||77 years 1 months|
|Birth Date:||August 13, 1946|
|Best Match for Marriage:||Sagittarius, Gemini, Aries|
|View more / View fewer Facts of Janet Yellen|
Janet Louise Yellen famed as Janet Yellen is a famous American economist at the Brookings Institution. Moreover, she is also a professor emeritus at the University of California, Berkeley, Haas School of Business. She had taught economics as a professor for over 20 years from 1985 to 2006. What’s more, she also served as the Chair of the Federal Reserve from the year 2014 to 2018. She has also served as the Vice-Chair from the year 2010 to 2014. Recently, multiple news outlets reported that President-elect Joe Biden will nominate Yellen to serve in the Biden cabinet as the United States Secretary of the Treasury on 23rd November 2020.
Biden pick Janet Yellen as the first female treasury secretary
President-elect Joe Biden is expected to name Janet Yellen to lead the treasury department. If confirmed by the Senate, she would be the first woman to hold the position in US history. She previously served as head of America’s central bank and as a top economics adviser to former President Bill Clinton. As chair of the US Federal Reserve, Ms. Yellen was known for focusing more attention on the impact of the bank’s policies on workers and the costs of America’s rising inequality.
Being an economist in the United States of America.
From 1994 to 1997, and again from 2010 to 2018, she was the first woman to lead the Federal Reserve Board of Governors.
As a woman in the industry, she has broken down several gender barriers.
Janet Yellen was born in what country?
Janet Yellen was born on August 13, 1946, in Brooklyn, New York City, United States. Her full name is Janet Louise Yellen. In the year 2020, she will be 74 years old. Her ethnicity is American-White and her nationality is American. Her nationality is White. Anna Ruth (mother) and Julius Yellen (father) were both Jewish when she was born (father). Her mother worked as an elementary school teacher, and her father worked as a family physician. She has an older brother named John who is her sibling. Her Zodiac sign is Leo, and her religion is Judaism.
He graduated from Fоrt аmltоn gh chооl in rооklуn, according to his education. He also graduated from Embroke College in Rowan University with a degree in economics earned in 1967. During the year 1971, he received her h.D. in economics from Yale University.
Janet Yellen’s Career: How Did It Go?
Janet Yellen completed her education and worked as an assistant professor at Harvard from 1971 to 1976. Ted Truman also hired her to work for the Federal Reserve Board of Governors as an economist in 1977. She was later tasked with researching international monetary reform. She went on to work as a lecturer after that.
She also taught macroeconomics to full-time and part-time MBA and undergraduate students at the Haas School of Business. It was 1980 at the time.
She is currently a Professor Emerita at the Haas School of Business at the University of California, Berkeley.
In August 1994, she took a five-year leave of absence from Berkeley. President Bill Clinton named her to the Federal Reserve Board of Governors, which she served on from August 12, 1994, to February 17, 1997. From February 18th to August 3rd, 1997, she served as Chair of President Clinton’s Council of Economic Advisers.
She chaired the Economic Policy Committee of the Organization for Economic Cooperation and Development from 1997 to 1999. She went on to become president of the Western Economic Association International and vice president of the American Economic Association.
She was a fellow of the Yale Corporation from 2000 to 2006. From June 14, 2004 to June 30, 2010, she served as President and Chief Executive Officer of the Federal Reserve Bank of San Francisco.
She was a voting member of the Federal Open Market Committee in 2009. (FOMC). In July 2009, she was named as a possible successor to Ben Bernanke as chairman of the Federal Reserve System, before Barack Obama renominated him.
On April 28, 2010, President Barack Obama nominated her to replace Donald Kohn as vice-chair of the Federal Reserve System. On the 4th of October 2010, she was sworn in for a four-year term that ended on the 4th of October 2014.
She started a 14-year term on the Federal Reserve Board, which will end on January 31, 2024.
Furthermore, on October 9, 2013, she was formally nominated to succeed Ben Bernanke as Chair of the Federal Reserve, becoming the first vice-chair to be promoted. She was approved as Chair of the Federal Reserve on January 6, 2014, by a vote of 56-26, the smallest margin ever for the post.
She was elected chair of the Federal Free Market Committee on January 30, 2014, and took office on February 3, 2014.
She promised to defend Dodd-Frank after President Donald Trump was elected in November 2016. Trump considered renominating her for a second term, but on November 2, 2017, he nominated Jerome Powell to take her place when her term expired on February 3, 2018. She declared after Trump’s announcement that she would step down as chair of the Federal Reserve Board of Governors at the end of her term.
On February 25, 2019, she attacked Trump’s economic policies. She was reportedly under consideration for Secretary of the Treasury in the Biden Administration in November 2020. If she is confirmed, she will be the first woman to hold this role.
She is a Keynesian economist who believes that monetary policy can be used to stabilize economic activity during the business cycle.
She is also the co-author of The Fabulous Decade: Macroeconomic Lessons from the 1990s (with Alan Blinder), which was published in 2001 by The Century Foundation Press in New York.
Janet Yellen’s Awards and Accomplishments
Janet Yellen is an award-winning American economist who received the Wilbur Cross Medal from Yale in 1997. Not only this but also he received an honorary Doctor of Laws degree from Brown in 1998 and an honorary Doctor of Humane Letters from Bard College in 2000. What’s more, she achieved an Honorary Doctorate from the London School of Economics in May 2015. She received the Adam Smith Award from the National Association for Business Economics (NABE) as of October 2010. She was named by Forbes as the second most powerful woman in the world in the year 2014. She received an honorary Doctor of Social Science degree from Yale University in May 2015. She received an honorary Doctor of Laws degree from the University of Warwick in October 2015. She received an honorary Radcliffe Medal and spoke to guests on 27th May 2016 at the Radcliffe Day luncheon during commencement Week.
Who is Janet Yellen married to?
Janet Yellen is a married woman. She married her handsome husband, George Akerlof. By profession, George Akerlof is an economist, Nobel Memorial Prize in Economic Sciences laureate, professor at Georgetown University, and professor emeritus at the University of California, Berkeley. The duo met at the Fed in the fall of 1977 and later, they got married in June 1978. The duo is also blessed with a kid (son) named Robert Akerlof (born in 1981). Their son, Robert teaches economics at the University of Warwick. They both are supportive of each other and they are loyal to each other. The duo has collaborated on research, including topics such as poverty, unemployment, and a paper on the costs of out-of-wedlock childbearing. Both frequently state that their lone disagreement is that she is a bit more supportive of free trade than him.
How much is Janet Yellen’s Net Worth 2020?
Janet Yellen is a well-recognized and successful economist who has made a huge amount of money throughout his career. As of 2020, the net worth of Janet Yellen is estimated to have $15 Million as per sources. Her major source of wealth comes from being an economist as well as by serving as a professional at many top universities. She has not mentioned anything regarding her salary, career earnings, income, and more. Without a doubt, she is satisfied with whatever she is receiving and she is living a cool lifestyle from her earnings. Her earnings are high as she served as a Vice-Chair of the Board of Governors of the Federal Reserve System. Presently, she earns well by working as a Professor Emeritus at the University of California-Berkeley’s Haas School of Business. She holds the top position being an economist in the world.
How tall is Janet Yellen?
Being at the age of 74, Janet Yellen still looks very young just like the age of twenty. She has very fair skin with a glowing smile attracting a lot of people towards her. She stands tall at a height of 1.6 m with a balanced weight of 70 KG. His other body details such as dress size, shoe size, waist size, breast size, and more have not been revealed yet. Overall, she has got a healthy body. Her body build is average.