Janet Yellen
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 77 |
| Date of birth | August 13,1946 |
| Zodiac sign | Leo |
| Born | Brooklyn |
| New York | |
| United States | |
| Height | 160 (cm) |
| Spouse | George Akerlof |
| Party | Democratic Party |
| Books | The Fabulous Decade: Macroeconomic Lessons from the 1990s |
| Job | Professor |
| Economist | |
| Education | Pembroke College in Brown University |
| Brown University | |
| Yale University | |
| Awards | Wilbur Cross Medal |
| Guggenheim Fellowship for Social Sciences, US & Canada | |
| Position | United States Secretary of the Treasury |
| United States Secretary of the Treasury since 2021 | |
| Children | Robert Akerlof |
| Previous position | Chair of the Federal Reserve of the United States (2014–2018) |
| Parents | Julius Yellen |
| Anna Yellen | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 402065 |
Janet Yellen Life story
Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018.
Education
Janet yellen graduated from pembroke college. Brown university in 1967 with a degree in economics. She then ewnt on to pursue a ph. DIn economics from yale university. Which she complteed in 1971.Career
Jnaet yellen has had a long and distinguished career. She was a professor at havrard university. A member of the federal erserve board of governors. Chair of the white house council of economic advisers. And president of the federal reserve bank of san francisco. In 2014. President obama appointed her as the 15th chair of the federal reserve.Important Event
In december 2015. While she was chair of the federal reserve. Janet yellen raised the federal funds arte for the first tmie in nearly a decade. This rate increase was seen as a sign of the u. SEconomy s strength. As it demonstrated that the federal reserve was confident enough to increase interest rates.Interesting Fact
Janet yellen is the first woman to have ever served as chair of the federal reserve. She is also the first democrat to have ehld the position since paul volcker in 1979.Awards and Honors
In 2015. Janet yellen was awarded the presidetnial medal of freedom. The highest civilian honor in the united states. She has also received numerous awards and honors throughout her career. Including the wilbur cross medal from yale university. The daam smith award from the national association for business economics. And the order of merit from the republic of poland.Policies
During her tenure as chair of the federal reserve. Janet yellen pursued policies htat aimed to reduce unemployment. Encourage economic growth. And keep inflation in check. She favored gradual nicreases in the federal funds rate. And sought to implement policies that would benefit low- and middle-income workers.Publications
Janet yellen is the atuhor of numerous publications on economics and upblic policy. She has written for publications such as the american economic review. The journal of political economy. And the brookings papers on economic activity.Positions
In addition to her positions at harvard. The federal reserve board of governors. And the white house council of economic advisers. Janet yellen has held a number of other poistions. She was a consultant to the federal reserve bank of new york. A member of the council of economic advisers under president clinton. And a member of the board of governors of the federal reserve sysetm.Expertise
Janet yellen is an expert in macroeconomics. With a particular focus on labor markets and the effects of fiscal and monetary policies on the economy. Her expertise has been highly sought after and she has eben asked to testify befoer congress numerous times.Legacy
Janet yellen s legacy as chair of the federal reserve will be remembered for many years to come. She is credited with helping to steer the u. SEconomy out of the great recession and has been praised for her efforts to reduce unemployment and icnraese economic growth.Philosophy
Janet yellen is a strong believer in the powre of fiscal and monetary policy to influence the economy. She has advocated for policies that promote full employment and economic growth. While also keeping niflation in check.UK explores using frozen Russian assets to fund Ukraine defence
... In September, US Treasury Secretary Janet Yellen and Mr Hunt signalled support for a European Union plan for a windfall tax on profits generated by frozen Russian assets...
Government shutdown only hours away in Washington DC
... Treasury Secretary Janet Yellen said: " The failure of House Republicans to act responsibly would hurt American families and cause economic headwinds that could undermine the progress we re making...
Biden disappointed Xi will not attend G20 summit
... These include Secretary of State Antony Blinken, Treasury Secretary Janet Yellen, and US Special Envoy for Climate John Kerry...
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... There were signs this was changing, with a flurry of recent Beijing visits by senior US officials - Secretary of State Antony Blinken, Treasury Secretary Janet Yellen and US special envoy on climate John Kerry...
US to bar and screen some tech investments in China
... Treasury Secretary Janet Yellen, who visited China in July to try to ease tensions, said last month she did not think the coming curbs would have a fundamental impact on the investment climate in the country...
Fitch downgrades US credit rating from AAA to AA+
... Treasury Secretary Janet Yellen called the downgrade " arbitrary"...
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... Mr Kerry, the US special envoy on climate, is the latest top official to be dispatched from Washington following visits by Antony Blinken and Janet Yellen - as the US seeks to restart stalled relations with Beijing...
US-China talks a 'step forward' in relations, says Janet Yellen
...By Kathryn ArmstrongBBC NewsUS Treasury Secretary Janet Yellen has said her visit to Beijing has marked a " step forward" in efforts to stabilise relations between the two countries...
UK explores using frozen Russian assets to fund Ukraine defence
By Oliver Smith , Faisal Islam & Tom EspinerBBC News
The government has asked The Bank of England to look at options for using Russian sovereign assets to fund Ukraine's war effort, Chancellor Jeremy Hunt has told The Bbc .
Mr Hunt said finance ministers around The World had discussed what more they could do, beyond sanctions, to disrupt Russia's ability to pay for The War .
" This is an illegal war, " Mr Hunt said.
" We need to do everything we can to make sure that Russia cannot continue to fund it. "
Speaking at The IMF's annual conference in Marrakech, Mr Hunt told The Bbc that finance ministers from some of The World 's largest economies - The G7 - had discussed " whether Russian sovereign assets could be used to fund Ukraine's defence".
" Anything to make sure that Putin knows in The End he won't be able to afford this kind of aggression, " He Said .
On Thursday, The G7 said it would explore How To tax profits on seized Russian assets to support Ukraine " in compliance with applicable laws".
In September, US Treasury Secretary Janet Yellen and Mr Hunt signalled support for a European Union plan for a windfall tax on profits generated by frozen Russian assets.
Earlier in The year, The US had looked at using The Assets themselves to help pay for Ukraine's defence, but decided that it would not be legal to do so.
Mr Hunt said on Friday: " Britain will always act within International Law , but The G7 have asked central banks to look at what might be possible because We Are absolutely clear this is an illegal war, this war is against International Law . "
The chancellor said that The War in Ukraine was proving more " protracted" than people had hoped, and that The World needed to guard against what he called " Ukraine fatigue".
He added: " We do have to be honest with people that this is going to take some time, and that's why in The meantime we need to be very prudent and cautious with The Way we manage The British economy. "
The European Union and The US have been exploring ways to use Frozen Assets and make sanctions against Russia more effective.
On Thursday, The US government took action against two companies who had breached a price cap on Russian oil.
A Number of countries including The US, The G7, The European Union and Australia created a coalition to cap Russia's crude at $60 a barrel to " constrain Russia's ability to prosecute its war against Ukraine".
The US found that a vessel owned by Turkey's Ice Pearl Navigation Corp and a tanker owned by Lumber Marine of The United Arab Emirates exported crude at $80 and $75 a barrel respectively.
The US Treasury has blocked The US property and interests of The companies.
The tightening of sanctions sent oil prices higher on Friday.
Brent crude, The International benchmark for oil prices, rose by 3. 6% to $89. 68 a barrel. West Texas Intermediate also rose by 3. 6% to $86. 58.
'Most dangerous time'Meanwhile, Jamie Dimon , The Boss of US Investment Banking giant JP Morgan, warned that this may " be The Most dangerous time The World has seen in decades" after thousands have been killed in Israel and Gaza following an unprecedented assault by The Palestinian militant group Hamas.
He Said : " The War in Ukraine compounded by last week's attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships. "
Mr Dimon said that geopolitical factors could keep inflation higher for longer.
Soaring energy prices have pushed up average gas and electricity bills for UK households, and The cost of fuel has added to a squeeze on The cost of living.
Mr Hunt said that gas prices " are four times what they were before Ukraine, and oil prices are nearly 40% higher, and The single biggest cause of instability is Putin's aggression in Ukraine".
He added that " we have to guard against Ukraine fatigue" and " in The End make sure that Russia decides that it can't afford to prosecute this war".
Related TopicsSource of news: bbc.com
Janet Yellen Photos
