The Fed's Janet Yellen: Who is she?
(Read article summary)Janet Yellen, said to be President Obama's choice to serve under Ben Bernanke at the US Federal Reserve, is known for supporting employment and growth over inflation-cutting measures.
Janet Yellen – reported to be President Obama’s choice to be the next vice chair of the Federal Reserve – has a long résumé of government and academic work.
She has taught at the London School of Economics and chaired the Council of Economic Advisers under President Clinton. Although she's known for supporting employment and growth policies over inflation-cutting measures, Dr. Yellen in her two stints as a Fed policymaker has voted with the majority on each of the 36 votes she participated in, whether the proposed measure was an increase or decease in interest rates.
If she is tapped to become vice chair under Ben Bernanke, it would mark the second time a woman has held the No. 2 post at the Fed. The first was Alice Rivlin during the Clinton administration.
Here's a look at Yellen's career and life:
Professional timeline:
2004- present, president of Federal Reserve Bank of San Francisco
