Biden’s Treasury Secretary Janet Yellen, who was born into a Jewish family, accused Iran of “government support for terrorism” and promised to use economic sanctions to advance US interests.
“Janet Yellen” On Monday, January 25, 2021 the Senate voted America as Secretary of the Treasury of the country, and the first woman in charge of the ministry in the history of America, was appointed [1] . As Secretary of the Treasury, Yellen will play a key role in determining and implementing Washington’s sanctions policies, including toward Iran. In the following report, you will learn more about the new head of the US War Chamber against Iran.
In a series of reports, Mashreq plans to introduce new US President Joe Biden, his first vice president, Totally Harris, and key members of the new cabinet. Excerpts from this collection have already been published, which you can read from the links at the end of this report. The next sections of this series will be released soon in the East .
Yellen’s family and school life
“Janet Louise Yellen [2] “, 13 August 1946 (22 Persian date Mordad 1325), a Polish Jewish family [3] in the neighborhood “Byryj” in the Brooklyn borough of New York City born and grew up America [4] . 1962 as the top student in high school, “Fort Hamilton [5] ” graduated [6] . Five years after the College “Pembroke [7] ” at the University of “Brown” his first university degree in economics received [8] and for higher education went to Yale. Yellen took a doctorate in economics from Yale University in 1971 [9] . In 1971, twenty-four students received a doctorate in economics from Yale University, but Yellen was the only female student among the twenty-four.[10] .
Yellen 1977 with his husband “George Akerlof [11] ” American economist and Nobel Prize winner in Economic Sciences in 2001 [12] met; When they both worked at the US Federal Reserve. The couple married two years later, and in 1981 they had their only child, Robert, who received a degree in economics and mathematics from Yale University in 2003 and a doctorate in economics six years later from Harvard University. Yellen’s husband, Akerloff, was born to a Jewish mother whose family immigrated to the United States from Germany. Akerlof is currently a professor at the University of “Georgetown [13] ” and professor emeritus at the University of “California,” is [14] .
Treasury Secretary America awards and received many honorary degrees, including a doctorate in University of Tel Aviv, which was awarded in June 2019 [15] . Yellen recent years repeatedly on the list of most influential 16 people [17] in [18] the economy and the market [19] (including the top people in 2015 [20] ) the notion of “Bloomberg”, the most powerful 21 ] women [22] world [23] , and powerful [24] of the [25] world [26] According to the magazine “Forbes”, and 100 characters [27] effective [28] world [29] According to Time magazine.
Yellen’s net worth is estimated at $ 16 million, [30] obtained through her ownership of stocks, lectures, and various positions in government and academia. The US Treasury Secretary invests in a number of US companies, including the pharmaceutical giant Pfizer; The company that has become the controversial Covid-19 vaccine these days. Yellen also only between 2018 and 2020, after the departure of Bank of America, over $ 7 million for the presentation of financial companies such as “controversial”, “Citigroup” and “Barclays” received [31] . Of course, she promised to transfer his assets after the tenure of the Ministry of Treasury, if she was required to make decisions about the companies in which she owns assets.
Yellen After graduating from PhD at Yale University, as an assistant professor of economics at Harvard University between 1971 and 1976 where he worked and taught [32] . In 1977, she was hired as an economist on the Federal Reserve Board of Governors, and was tasked with investigating international monetary policy reform; And of course in the cafeteria Central Bank met his future husband [33] . As Yellen’s husband, Akerlov, had to leave the United States to teach at the London School of Economics, Yellen left her post at the Central Bank and went to England with her husband to teach economics at the London School of Economics. [34] . However, the two returned to the United States two years later.
Yellen joined the faculty of the University of California, Berkeley in 1980 and began researching and teaching. The US Treasury Secretary, who is now an honorary professor at the Haas School of Business at the same university, received several awards for teaching at the university, [35] but eventually abandoned teaching at the university and returned to government.
In August 1994, a five-year leave of absence from the University of California and Bill Clinton, President of America, she was nominated for membership in the Board of Governors of the central banks [36] . Senate Banking Committee confirmation hearing competence Yellen America after hearing defense with 18 votes in favor and only one vote against confirmed her competence [37] . Yellen at a meeting of the Senate could earn a total of 100 votes to 96 votes in favor and the Bank of America Board of Governors way [38] . But that was not Yellen’s last destination either.
Treasury Secretary New America mid-February 1997, following the theory postulates by Clinton and confirmed by the competence unanimously [39] Senate [40] , as the second woman in the history of America, President of the “Council of Economic Advisers” The president took [41] . Yellen Along with her work at the Council between 1997 and 1999, the head of the Economic Policy Committee of the Organization for Economic Cooperation and Development also [42] . However, since 1999, announced her resignation for personal reasons of the Council of Economic Advisers, and again returned to the University of California [43] .
The first female head of the US Federal Reserve
Yellen 2004 became the first woman in the history of America [44] as president and CEO of Bank of San Francisco (Branch Bank of America in San Francisco) was chosen [45] . She remained in this position until 2010; For example, in 2007, she repeatedly warned about the housing market, and by the end of that year, the market had fallen. Celebrity Yellen part of the same thing back, because she knows that one of America’s other economic officials predict the collapse of the housing market [46] .
In July 2009, there were rumors that then-new President Barack Obama might nominate Yellen for the post of central bank governor, [47] but Obama eventually became the bank’s Jewish chairman, Ben Bernanke . He retained the center appointed by former President George W. Bush. In late April the following year, Obama nominated Yellen to be vice president of the Central Bank [49] . This time, Yellen won 17 votes in favor and 6 against in the Senate Banking Committee, but was again approved. September of that year, the Senate on a voice vote Yellen authority to the Board of Governors [50] and vice president of Bank of America [51]Confirmed. In this way, the second woman in the history of America Yellen, who was vice president of the central bank [52] . But the top US Federal Reserve still awaits Yellen.
October 9, 2013 (17 October 1392), Obama officially nominated Yellen would replace Bernanke as chairman of Bank of America [53] . However, Yellen’s credentials ran into trouble this time. When the debate was over the top Yellen approved or rejected, the Senate, in December 2013, with 59 votes in favor and 34 votes against, vote on the issue was closed [54] . About two weeks later, Yellen with 56 votes in favor and 26 votes against in the Senate [55] approved the [56] , but registered a new record in the least difference between the votes for and against to competent central bank governor. Yellen became the first female head of the US Federal Reserve (and the first female head of a major central bank in the world), the first US central banker since becoming its vice president, and the first Democratic head of the US Federal Reserve since 1987. [57].
Donald Trump, former president of America, examined the option of maintaining Yellen at the central bank, but in the end of November 2017, “Jerome Powell” was nominated for the presidency of the bank [58] . Thus ended Yellen’s tenure at the US Federal Reserve. One day before the end of Yellen’s four-year term as head of the US Federal Reserve, the Brookings Institution announced that Yellen would join the think tank as a leading member of monetary policy . [59] Yellen after leaving the central bank Trump became critical of the government’s economic policies, including in an interview that he does not believe Donald Trump, president of America, “an understanding of macro-economic policy [60] ” have [61] .
Yellen in the Treasury Department
Joe Biden, November 30, 2020 (10 December 1399) Janet Yellen as his choice for secretary of the Treasury [62] introduced [63] . Senate Economic Committee of America January 22, 2021 (3 February 1399) unanimously approved Yellen to be [64] . Three days later, the Senate voted 84 senators voted 15 senators voted to Yellen [65] ; Yellen also qualified a senator abstained [66] . The next day, absolutely Harris, the first woman prime minister on America, the inauguration Yellen [67] , the first Secretary of the Treasury Female Date of America, held [68] . Janet Yellen is also the first person in American history. [69]The three powerful economic entity of the federal government America, the Treasury, the Central Bank has led the Council of Economic Advisers [70] .
Yellen’s positions on Iran
Treasury Secretary America [71] about the economic sanctions imposed by Washington against other countries and the government’s approach Trump sanctions, says Treasury Under his guidance, “proceed to a careful review of sanctions to ensure that sanctions are effectively targeted and unintended consequences are minimized [72 ] . » Regarding the Iran nuclear deal, Yellen also said she would guarantee that Iran would take the necessary steps to “return to commitments” under the deal as a precondition for easing economic sanctions. At the same time, the US Treasury Secretary emphasizes that Iran is “the largest state sponsor of terrorism in the world”, saying: “I will ensure that the Treasury Department continues to do important work to counter Iran’s support for terrorism and its violation of human rights.” “Humanity continues.”
As mentioned above, Yellen Biden will play an important role in determining the sanction policy [73] . It remains to be seen whether the new US administration’s policies towards Iran, anti-Iranian sanctions, and the nuclear deal will change compared to the previous administration; And it remains to be seen how the US War Room against Iran will operate under Yellen’s command.
What you read was part of a series of Oriental reports introducing key members of the administration of new US President Joe Biden. You can read the previous sections of this collection from the following links: