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Janet YellenDEMDemocrat U.S. Secretary of Treasury
76
Years of Age
21
Years of Experience
ALResidence (state)

Janet Louise Yellen (born August 13, 1946) 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. She is the first person to hold those positions having also led the White House Council of Economic Advisers and the first woman to hold either post. Born and raised in Bay Ridge, Brooklyn, Yellen graduated from Brown University in 1967 and earned a Ph.D. in economics from Yale University in 1971. She taught as an assistant professor at Harvard University from 1971 until 1976 when she began working for the Federal Reserve Board as a staff economist from 1977 to 1978 before joining the faculty of the London School of Economics from 1978 to 1980. Yellen is professor emeritus at the Haas School of Business and the University of California, Berkeley, where she has been a faculty member since 1980 and became the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics. Yellen served as a member of the Federal Reserve Board of Governors from 1994 to 1997 and was nominated to the position by President Bill Clinton, who then named her chair of the Council of Economic Advisers from 1997 to 1999 before she returned to academia. Yellen was later appointed president and chief executive officer of the Federal Reserve Bank of San Francisco from 2004 to 2010. Afterward, she was chosen by President Barack Obama to replace Donald Kohn as vice chair of the Federal Reserve from 2010 to 2014 before nominating her to succeed Ben Bernanke as chair of the Federal Reserve from 2014 to 2018. She had one of the shortest tenures in that position and was succeeded by Jerome Powell after President Donald Trump refused to renominate her for another term.

Education5 - 5 of 3
Yale University
Doctor of Philosophy economics
Pembroke College in Brown University
economics
Fort Hamilton High School
Past Positions1 - 11 of 11
Secretary of the Treasury
United States Department of the Treasury
2021 - Current
Secretary of the Treasury
United States Department of the Treasury
2020
Chair
Federal Reserve Board of Governors
2014 - 2018
Vice Chair
Federal Reserve Board of Governors
2010 - 2014
President
Federal Reserve Bank of San Francisco
2004 - 2010
Chair
Council of Economic Advisers
1997 - 1999
Governor
Federal Reserve Board of Governors
1994 - 1997
Professor
University of California, Berkeley
1980 - Current
Faculty
London School of Economics and Political Science
1978 - 1980
Economist
Federal Reserve Board of Governors
1977 - 1978
Assistant Professor
Harvard University
1971 - 1976