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Janet Louise Yellen (born August 13, 1946) is an American economist who served as the 78th United States secretary of the treasury from January 26, 2021 until January 20, 2025.
Federal Reserve Chairs (left to right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Photo taken 1 May 2014, when Yellen was Chair. As stipulated by the Banking Act of 1935, the Chairman is chosen by the president from among the sitting governors to serve four-year terms with the advice and consent of the Senate.
The following is a list of past and present vice chairs of the Board of Governors of the Federal Reserve System. A vice chair serves for a four-year term after appointment, but may be reappointed for several consecutive four-year terms. Since the Federal Reserve was established in 1914, the following people have served as vice chair. [a] [15] #
To Yellen’s point, the federal government’s interest payments represented 1.86% of GDP in 2022, according to Federal Reserve data. That’s in line with the historical average since 1960 of ...
On Wednesday, President Obama nominated Janet Yellen to succeed Ben Bernanke at the top of the Federal Reserve. If her nomination is confirmed, Yellen will step into arguably the most powerful ...
Yellen served as chair of Federal Reserve from 2014-2018 under Presidents Obama and Trump. U.S. secretary of the treasury Janet L. Yellen attends the DealBook Summit in New York City, U.S ...
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .
Yellen, who led the Fed from 2014 to 2018, agreed that the U.S. had a complicated system of banking regulation involving many agencies at the state and federal levels.