학술논문

JANET YELLEN: Faces the Moment.
Document Type
Article
Author
Source
Nation. 4/5/2021, Vol. 312 Issue 7, p24-30. 7p. 3 Color Photographs.
Subject
*ECONOMIC change
*FINANCIAL institutions
*GOVERNMENT securities
*INTEREST rates
*NUDGE theory
*UNEMPLOYMENT
Language
ISSN
0027-8378
Abstract
FEATURES IN 2018, DONALD TRUMP CONSIDERED REAPPOINTING JANET YELLEN, NOW THE nation's treasury secretary, as Federal Reserve chair. One of the advocates' best arguments for Yellen was empirical, not ideological: She had been remarkably prescient about future economic troubles as both San Francisco Fed president and Fed vice chair. "She is the most progressive treasury secretary in history", says someone who expects to work closely with her. "Janet sees the world in terms of people living paycheck to paycheck, and how economic policy influences their lives and their ability to build a secure future", says Massachusetts Senator Elizabeth Warren, who some on the left preferred to see in Yellen's job. [Extracted from the article]