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Yellen moves into Federal Reserve chairmanship

By Laurie Bennett

February 3, 2014 at 9:11am

Of the two dozen economists earning doctorates from Yale University in 1971, the Washington Post points out, Janet Yellen was the sole woman.

Today Yellen becomes chair of the Federal Reserve, a position of global influence held previously only by men.

Janet Yellen
Janet Yellen

As the interactive Muckety map above shows, Yellen previously chaired the Council of Economic Advisers during the Clinton administration, and was CEO of the Federal Reserve Bank of San Francisco before becoming Fed vice chair under Ben Bernanke.

Her husband, George A. Akerlof, is a Nobel Prize-winning economist who teaches at the University of California at Berkeley.

While Yellen is the first woman to hold the chairmanship in the Fed’s 100-year history, she is not the first to oversee a central bank.

Russia’s bank is headed by Elvira Nabiullina, former economic adviser to President Vladimir Putin. Women also head central banks in South Africa, Malaysia and Botswana.

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