Janet Yellen
American economist
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| May 21 2024 | Receives honorary Doctor of Economics (Dr. rer. pol. h. c.) from Frankfurt School of Finance & Management |
| May 21 2024 | Receives honorary Doctor of Economics (Dr. rer. pol. h. c.) from Frankfurt School of Finance & Management |
| 2023 | Named one of the 100 most influential people in the world by Time magazine. |
| 2023 | Named one of the 100 most influential people in the world by Time magazine. |
| October 2023 | In an interview with Sky News, Yellen discusses U.S.-China relations, confirming improved communication and establishing principles for managing diplomatic and economic interactions between the two countries. |
| October 2023 | Provides commentary on the Israel-Hamas conflict, discussing potential economic implications and affirming U.S. ability to support military needs in both Israel and Ukraine. |
| October 2023 | Provides commentary on the Israel-Hamas conflict, discussing potential economic implications and affirming U.S. ability to support military needs in both Israel and Ukraine. |
| October 2023 | In an interview with Sky News, Yellen discusses U.S.-China relations, confirming improved communication and establishing principles for managing diplomatic and economic interactions between the two countries. |
| September 2023 | Yellen stated she was not worried about the $33 trillion federal government debt. |
| September 2023 | Yellen stated she was not worried about the $33 trillion federal government debt. |
| July 9 2023 | Concludes China visit by meeting with China's new economic team, including Premier Li Qiang, and reaffirming U.S. national security restrictions on Chinese investment while expressing concerns about China's economic policies. |
| July 9 2023 | Concludes China visit by meeting with China's new economic team, including Premier Li Qiang, and reaffirming U.S. national security restrictions on Chinese investment while expressing concerns about China's economic policies. |
| July 6 2023 | Begins a four-day diplomatic trip to China, marking the first visit by a U.S. Treasury secretary to the country in four years. Holds informal talks with former vice premier Liu He and People's Bank of China governor Yi Gang about economic matters. |
| July 6 2023 | Begins a four-day diplomatic trip to China, marking the first visit by a U.S. Treasury secretary to the country in four years. Holds informal talks with former vice premier Liu He and People's Bank of China governor Yi Gang about economic matters. |
| June 2023 | The Fiscal Responsibility Act was passed, reallocating more than a quarter of the previously approved IRS modernization funding to other budgetary areas. Yellen assured that the IRS still has sufficient resources to enhance service and increase enforcement, and pledged that the Treasury Department would continue advocating for funds to ensure high-end taxpayer compliance. |
| June 2023 | The Fiscal Responsibility Act was passed, reallocating more than a quarter of the previously approved IRS modernization funding to other budgetary areas. Yellen assured that the IRS still has sufficient resources to enhance service and increase enforcement, and pledged that the Treasury Department would continue advocating for funds to ensure high-end taxpayer compliance. |
| June 3 2023 | President Biden signed bipartisan congressional legislation suspending the public debt limit through his first term, ending the debt-ceiling crisis just two days before the U.S. was estimated to reach its debt ceiling. |
| June 3 2023 | President Biden signed bipartisan congressional legislation suspending the public debt limit through his first term, ending the debt-ceiling crisis just two days before the U.S. was estimated to reach its debt ceiling. |
| May 18 2023 | At a Bank Policy Institute meeting with bank CEOs, Yellen reportedly suggested that more bank mergers might be necessary to address the ongoing banking sector crisis. |
| May 18 2023 | At a Bank Policy Institute meeting with bank CEOs, Yellen reportedly suggested that more bank mergers might be necessary to address the ongoing banking sector crisis. |
| April 21 2023 | Yellen proposed a new Financial Stability Oversight Council (FSOC) procedure to designate nonbank financial companies as systemically important financial institutions, reversing previous guidance from the Trump administration and streamlining the supervision process. |
| April 21 2023 | Yellen proposed a new Financial Stability Oversight Council (FSOC) procedure to designate nonbank financial companies as systemically important financial institutions, reversing previous guidance from the Trump administration and streamlining the supervision process. |
| April 20 2023 | Yellen delivers a speech at Johns Hopkins University's School of Advanced International Studies, outlining the Biden administration's three-pronged economic approach to China, emphasizing national security, fair economic competition, and global challenge engagement. |
| April 20 2023 | Yellen delivers a speech at Johns Hopkins University's School of Advanced International Studies, outlining the Biden administration's three-pronged economic approach to China, emphasizing national security, fair economic competition, and global challenge engagement. |
| March 30 2023 | Received The Paul A. Volcker Lifetime Achievement Award for Economic Policy from the National Association for Business Economics in Washington, D.C. |
| March 30 2023 | Received The Paul A. Volcker Lifetime Achievement Award for Economic Policy from the National Association for Business Economics in Washington, D.C. |
| March 21 2023 | Yellen delivered a speech at an American Bankers Association summit, defending regulators' actions to prevent a widespread banking crisis and pledging Biden administration support for lenders of all sizes. |
| March 21 2023 | Yellen delivered a speech at an American Bankers Association summit, defending regulators' actions to prevent a widespread banking crisis and pledging Biden administration support for lenders of all sizes. |
| March 12 2023 | During the banking crisis, Yellen appeared on CBS' Face the Nation, discussing the state of the banking system and the collapse of Silicon Valley Bank. She approved FDIC actions to protect all depositors through a systemic risk exception, covering both Silicon Valley Bank and Signature Bank. |
| March 12 2023 | During the banking crisis, Yellen appeared on CBS' Face the Nation, discussing the state of the banking system and the collapse of Silicon Valley Bank. She approved FDIC actions to protect all depositors through a systemic risk exception, covering both Silicon Valley Bank and Signature Bank. |
| February 27 2023 | Janet Yellen made a surprise diplomatic visit to Kyiv, Ukraine, reaffirming U.S. economic support. She met with President Volodymyr Zelenskyy and Prime Minister Denys Shmyhal to discuss nearly $50 billion in U.S. aid and a $1.25 billion budget relief package as part of a $10 billion civilian assistance program. |
| February 27 2023 | Janet Yellen made a surprise diplomatic visit to Kyiv, Ukraine, reaffirming U.S. economic support. She met with President Volodymyr Zelenskyy and Prime Minister Denys Shmyhal to discuss nearly $50 billion in U.S. aid and a $1.25 billion budget relief package as part of a $10 billion civilian assistance program. |
| January 2023 | Yellen informed House Speaker Kevin McCarthy that the U.S. was expected to hit the debt ceiling on January 19, and the Treasury would need to use 'extraordinary measures' to prevent default, potentially lasting until June. |
| January 2023 | Yellen informed House Speaker Kevin McCarthy that the U.S. was expected to hit the debt ceiling on January 19, and the Treasury would need to use 'extraordinary measures' to prevent default, potentially lasting until June. |
| 2022 | Named runner-up for Time Person of the Year. |
| 2022 | Named runner-up for Time Person of the Year. |
| December 2022 | Yellen wrote an essay for Project Syndicate detailing the economic risks that could be mitigated through friendshoring policies, highlighting concerns about supply chain vulnerabilities, geopolitical security, and human rights violations. |
| December 2022 | Yellen wrote an essay for Project Syndicate detailing the economic risks that could be mitigated through friendshoring policies, highlighting concerns about supply chain vulnerabilities, geopolitical security, and human rights violations. |
| December 2 2022 | Yellen successfully negotiates and implements a price cap on Russian oil at $60 per barrel, involving the G7 nations, European Union, and Australia, designed to limit Russia's war funding and control global inflation. |
| December 2 2022 | Yellen successfully negotiates and implements a price cap on Russian oil at $60 per barrel, involving the G7 nations, European Union, and Australia, designed to limit Russia's war funding and control global inflation. |
| August 2022 | After the passage of the Inflation Reduction Act, Yellen directed the Internal Revenue Service (IRS) to use $80 billion in additional funding over a decade to clear backlogs, improve taxpayer services, update technology, and hire thousands of new employees. |
| August 2022 | After the passage of the Inflation Reduction Act, Yellen directed the Internal Revenue Service (IRS) to use $80 billion in additional funding over a decade to clear backlogs, improve taxpayer services, update technology, and hire thousands of new employees. |
| May 10 2022 | During a Senate Banking Committee hearing, Yellen provides economic commentary on the potential overturning of Roe v. Wade, arguing that eliminating women's reproductive rights would have damaging economic consequences and set women back decades. |
| May 10 2022 | During a Senate Banking Committee hearing, Yellen provides economic commentary on the potential overturning of Roe v. Wade, arguing that eliminating women's reproductive rights would have damaging economic consequences and set women back decades. |
| April 13 2022 | Janet Yellen delivered a speech at the Atlantic Council advocating for 'friendshoring' strategy, recommending supply chain networks be limited to allies and partner countries to mitigate risks from authoritarian regimes like Russia and China. |
| April 13 2022 | Janet Yellen delivered a speech at the Atlantic Council advocating for 'friendshoring' strategy, recommending supply chain networks be limited to allies and partner countries to mitigate risks from authoritarian regimes like Russia and China. |
| April 7 2022 | Janet Yellen addressed the growing impact of digital assets on the American economy at American University's Kogod School of Business Center for Innovation, outlining key policy objectives for regulating emerging financial technologies and discussing potential government strategies for digital currencies. |
| April 7 2022 | Janet Yellen addressed the growing impact of digital assets on the American economy at American University's Kogod School of Business Center for Innovation, outlining key policy objectives for regulating emerging financial technologies and discussing potential government strategies for digital currencies. |
| February 2022 | Yellen leads the Treasury Department in imposing unprecedented international sanctions in response to Russia's invasion of Ukraine. |
| February 2022 | Yellen leads the Treasury Department in imposing unprecedented international sanctions in response to Russia's invasion of Ukraine. |
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