[ad_1]
Meet United States Secretary of the Treasury Joe Biden who elected Janet Yellen.
What if the news that this does not turn around Janet yellen Will be “First person” The three key economic presidents of the US government are the chairman of the Fed and the chairman of the Economic Advisory Council. And finance minister
And not only that, she will also be “First woman” In the history of the United States to be “Finance Minister” Too
So who is “Janet Yellen”?
Janet yellen Or full name Janet louis yellen Born and raised in New York, USA, she is now 74 years old with a net worth of $ 13 million, or about 394 million baht, where she graduated from Brown University with a degree in economics. And he received a Doctor of Philosophy (PhD) from Yale University. Later he was a professor at Harvard University until 1976.
If looking back at the work paper of Janet yellen I must say that you have experienced a lot.
In the years 1977-1978 He worked as an economist on the Board of Governors of the Federal Reserve. And in the years 1978-1980 He became a professor at the London School of Economics and Political Science (LSE), a university with an outstanding reputation in the social sciences. Then in 1980 He became one of the research groups and is a professor of macroeconomics at the University of California, Berkeley, and has received numerous teaching awards. Until 1994 He has given you a letter of resignation from Berkeley. To perform important tasks like “Member of the Board of Governors” From the Federal Reserve System (Fed)
Janet yellen In office until 1997, before resigning to serve as head of the Economic Advisory Council Under Bill Clinton’s administration until 1999, during which she also merged as chair of the Economic Policy Committee of the OECD (Organization for Cooperation and Development Economic). She returned to Berkeley teaching until 2004 before reinstating as president of the Federal Reserve Bank of San Francisco. And he took over as vice chairman of the Fed in 2010.
And three years later, Janet Yellen’s reputation speaks again. When the president Barack Obama nominated her as the next “Fed Chairman.” Amid the skepticism of some Republican members.
However, in January 2014, it was endorsed by the United States Congress. With a vote of 26 to 56, this is the lowest ratio of certifications in the history of the Federal Reserve appointment. But that made you “First woman” to sit in the Federal Reserve chair. With a term of 4 years from 2014-2018, which began operating on the first day is February 3, 2014
In 2016, Janet Yellen was named # 3 Influencer Woman and # 6 Influencer Woman by Forbes magazine.
The next question is …
What has Janet Yellen accomplished as “Chairman of the Fed”?
In your period “Chairman of the Fed” He is then entrusted to lead America’s economic recovery team. After the collapse of the financial crisis in 2007, if you look back at that time, it was found that after she ended her role as president. The unemployment rate fell to 4.2%, the lowest level in more than 16 years.
Janet Yellen’s colleagues call her Mary Poppins because of how determined she is. But she is always kind, smart and always ready. … not only She is also considered one of the best authorities accurately predicting the 2008 financial crisis.
Under Janet Yellen’s leadership, the Federal Reserve has had its first interest rate hike since 2008, of course, receiving overwhelming praise. Both the Conservative group and Wall Street
In a resignation letter he sent to President Trump in 2017: She is deeply grateful for the financial system that has been stronger than many decades ago. With more than 17 million jobs, the Fed is gradually approaching its targets for success.
If Janet Yellen is the US Secretary of the Treasury, what are the challenges she faces?
Of course, as you enter the position of Secretary of the Treasury of the United States, you will be overwhelmed by the responsibility of addressing the economic problems that are losing their balance as a result of COVID-19. The serious epidemic spread throughout the country without stopping.
In April, US unemployment levels have broken records during postwar conditions. By economists at JPMorgan Chase & Co. that the US economy will contract slightly in the first quarter of 2021.
And a split between Democrats and Republicans. In more depth than ever On the controversy over the methods used to recover the economy. What observers think Janet Yellen is the best option. United States Secretary of the Treasury By serving as a bridge AND creating consensus in the future
But among the options of the Secretary of the Treasury of the United States, two others were mentioned …
Who is Janet Yellen’s rival?
The first is The The Bernard
He is the policy committee of the Federal Reserve (Fed) and was previously Undersecretary of the Treasury for International Affairs in the Barack Obama administration. Managing the Eurozone Crisis AND the Global Financial Crisis
The second is Sarah Blooms Raskin
Former Federal Reserve (Fed) Policy Committee and “first woman” to hold office. US Vice Minister of Finance
Over the next week, keep an eye on whether Janet Yellen, La El Bernard, or Sarah Blumraskin will be chosen as First Secretary of the Treasury in Joe Biden’s administration.
Thairath Online News Team Report
Interesting news :
