JANET Yellen was confirmed as the first woman to lead the Treasury Department on January 25, 2021.
What is Janet Yellen’s net worth?
Her wealth stems from her job as the former Chair of the Federal Reserve System from 2014 to 2018.
Janet Yellen is Joe Biden’s Treasury Secretary, becoming the first women to lead the department[/caption]
What did Yellen say about the income eligibility for the next stimulus check?
Yellen went on to apply the argument to elementary school teachers and police officers making $60,000 income a year, saying, “It certainly seems appropriate that they can use that help to address the extra burdens from the pandemic.”
The White House has said it is open to negotiation on who should be eligible to receive the proposed $1,400 checks.
Janet Yellen has argued that American workers who earn up to $60,000 per year should receive a stimulus check[/caption]
So far, it has declined to specify where it thinks the income cutoff should be.
She went on: “It has to go to people and households that do need the money and those are lower income households.”
Yellen argued that if Congress approved the $1.9trillion plan, the country would get back to full employment next year.
She added though the alternative is that unemployment would linger for years.
Janet Yellen and George Akerlof have been married since 1978[/caption]
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The Nobel Committee cited his 1970 paper, “The Market for ‘Lemons,’” “which for the first time described the role of asymmetric information in causing market perversity,” according to Akerlof’s Georgetown bio.
A Connecticut native, the 80-year-old Akerlof has been married to Yellen since 1978.