Showing posts with label Janet Yellen Tops List Of World Most Powerful Women. Show all posts
Showing posts with label Janet Yellen Tops List Of World Most Powerful Women. Show all posts

Friday, November 15, 2013

Janet Yellen Tops List Of World Most Powerful Women

If Janet Yellen becomes head of the Federal Reserve, as she is expected to in January, she will become one of the most powerful women in the world. But who are the others?
Janet Yellen, nominated by Barack Obama to be head of US Federal Reserve.
Economic dove … Janet Yellen. Photograph: Bloomberg/Bloomberg via Getty Images

Janet Yellen, nominated yesterday as chairman of the US Federal Reserve

Yellen will be the first woman to head the mighty US Federal Reserve if she takes over at the central bank in January. Her job will be to maintain the stuttering recovery of the world's largest economy. Yellen is an expert on the causes and impact of unemployment and is regarded as an economic "dove" who will stick with current chairman Ben Bernanke's massive support programme for the economy. Yellen first joined the Fed in 1977 but left in 1978 to lecture at the London School of Economics with her Nobel-winning economist husband George Akerlof. She has straddled academia and public office since and advised Bill Clinton for two years of his presidency. Her appointment as the Fed's vice chairwoman in 2010 set her up to succeed Bernanke.                 List Of World Most Powerful Women