A biographical look at Janet Yellen, confirmed by Senate to be next Fed chairman

NAME — Janet L. Yellen

AGE-BIRTHPLACE — 67; Brooklyn, N.Y.

EXPERIENCE — Vice chair, Federal Reserve, 2010-present; president, Federal Reserve Bank of San Francisco, 2004-10; chair, White House Council of Economic Advisers, 1997-99; member, Federal Reserve Board of Governors, 1994-97; faculty member, University of California, Berkeley, 1980-94 (on leave); lecturer at London School of Economics and Political Science, 1978-80; economist, Federal Reserve, 1977-78; assistant professor at Harvard University, 1971-76.

EDUCATION — Bachelor’s degree in economics from Brown University, 1967; doctorate in economics from Yale University, 1971.

FAMILY — Husband, George A. Akerlof, Nobel laureate in economics (2001) and Berkeley professor; a son, Robert Akerlof.

QUOTE — “The Federal Reserve is using its monetary policy tools to promote a more robust recovery. A strong recovery will ultimately enable the Fed to reduce its monetary accommodations and reliance on unconventional policy tools such as asset purchases.” Remarks at her confirmation hearing before the Senate Banking Committee on Nov. 14, 2013.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.