Janet Louise Yellen is an American economist and the 78th U.S. Secretary of the Treasury, a role she has held since January 26, 2021. Before this, she was the chair of the Federal Reserve from 2014 to 2018.
Janet Yellen Biography
Janet Louise Yellen was born on August 13, 1946, in New York City, New York, U.S. She is 78 years old as of 2024. Yellen’s mother, Anna Ruth Blumenthal, was an elementary school teacher who left her job to be a stay-at-home mom.
Her father, Julius Yellen, was a family doctor who worked from their home’s ground floor. Janet has an older brother, John, who works as a program director for archaeology at the National Science Foundation.
Husband & Children Details
Janet is married to George Akerlof, an economist and professor at Georgetown University. They met in late 1977, got engaged a few months later in December, and married in June 1978. They have a son, Robert Akerlof, born in 1981, who is also an economist.
Educational Details
Janet went to Fort Hamilton High School, where she was an honor student and joined clubs for psychology, history, and school spirit. She was the editor of the school newspaper, The Pilot, which won a top national award during her time.
She earned a National Merit commendation and took part in a special Saturday math program at Columbia University. Janet graduated as the top student in her high school class in 1963.
She started college at Pembroke College at Brown University, first planning to study philosophy but later switched to economics. She graduated with high honors in economics in 1967.
Yellen then went to Yale University, where she earned her master’s and PhD in economics by 1971.
Net Worth, Religion & Ethnicity
According to the reports, her current net worth is approximately $20 million from all of her income sources as of 2024. Her zodiac sign is Leo. Janet is a Polish Jewish, and her faith plays an important role in her activism. She has American Nationality. She has an American White Ethnicity.
Physical Appearance
Janet is about 166 cm tall, which is around 1.6 meters or 5 feet 4 inches. She weighs around 54 kg, which is about 126 lbs. Her eyes are brown, and she has naturally white hair.
Career Journey Of Janet
Janet was the first woman to serve as both U.S. Treasury Secretary and Federal Reserve Chair. She also led the White House Council of Economic Advisers. Yellen is a professor of business and economics at the University of California, Berkeley.
Yellen taught at Harvard University (1971–1976), worked as a Federal Reserve economist (1977–1978), and taught at the London School of Economics (1978–1980).
Since 1980, she has been a professor at UC Berkeley’s Haas School of Business, holding an emeritus position and a named professorship in business and economics.
Janet was part of the Federal Reserve Board of Governors from 1994 to 1997, appointed by President Bill Clinton. After that, she went back to teaching before becoming the president and CEO of the Federal Reserve Bank of San Francisco from 2004 to 2010.
Yellen was replaced by Jerome Powell after President Trump chose not to reappoint her. After leaving the Federal Reserve, she worked at the Brookings Institution from 2018 to 2020 before returning to public service.
On November 30, 2020, President-elect Joe Biden chose Janet Yellen as Secretary of the treasury. The Senate approved her on January 25, 2021, and she started the job the next day.
Treasury Secretary Janet said that her department will need to begin using special accounting methods to avoid reaching the debt ceiling by January 14. She mentioned this in a letter to congressional leaders on Friday.
Janet wrote in a letter to leaders in the House and Senate that the Treasury expects to reach the debt ceiling between January 14 and January 23.
Once that happens, they will use special measures to avoid exceeding the limit. The debt ceiling is temporarily suspended until January 1, 2025.
Quick Info About Janet Yellen
| Full Name | Janet Louise Yellen |
| Nickname | Janet |
| Father’s Name | Mr. Julius Yellen |
| Mother’s Name | Mrs. Anna Ruth |
| Siblings’s Name | Brother- John Ruth Sister- N/A |
| Marital Status | Married |
| Boyfriend’s Name | George Akerlof (m. 1978) |
| Children | Son – Robert Akerlof Daughter – N/A |
| Date Of Birth | August 13, 1946 New York City, New York, U.S. |
| Age Of 2024 | 78 Years Old |
| School | Fort Hamilton High School |
| College | Pembroke College in Brown University |
| Net Worth | $20 Million |
| Social Profiles | Instagram – XTwitter – LinkedIn – Facebook |
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