Cabinet Profiles: Janet Yellen: Secretary of the Treasury

The first hearings for President-elect Joe Biden’s Cabinet nominations begin today.

We will hear testimony from his picks to lead all of his cabinet positions over the next several weeks. We will profile the nominees in advance of their hearings so our readers will have some background information as the proceedings take place.

In addition, most of the hearings will be live-streamed, and we will share that information on our Twitter feed once the hearings go live.

 

Janet Yellen

Secretary of the Treasury

    • Would be the first person to have served as Treasury Secretary, Chair of the Council of Economic Advisors, and Chair of the Federal Reserve
    • If confirmed, she would be the first woman to lead the Treasury Department in its 231-year history

Janet Yellen served as the 15th Chair of the Federal Reserve, the first woman to lead America’s central banking system since its creation.

Among the most accomplished and decorated economists in modern history, if confirmed, she will become the first woman to lead the Treasury Department in its 231 years of existence, and the first person to ever serve as Treasury Secretary, Chair of the Federal Reserve, and Chair of the Council of Economic Advisers.

Prior to her leadership of the Federal Reserve, Yellen served as the body’s Vice Chair from 2010 to 2014 following an earlier term on the Federal Reserve Board of Governors and as President of the Federal Reserve Bank of San Francisco.

She served as Chair of the Council of Economic Advisers under President Clinton, has held a litany of high-profile leadership roles with national and international economic organizations, and has forged a prolific career as a professor of economics, including as a faculty member at the University of California at Berkeley for the last 40 years.

Born and raised in Bay Ridge, Brooklyn, Yellen received her bachelor of arts degree from Brown University and her Ph.D. in economics from Yale University.

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