Janet L. Yellen
President and Chief Executive Officer
Janet L. Yellen took office as President and Chief Executive Officer of the Federal Reserve Bank of San Francisco on June 14, 2004. As a member of the Federal Open Market Committee, Dr. Yellen fully participates in the meetings and brings her District's perspective to policy discussions in Washington.
Dr. Yellen is Professor Emeritus at the University of California at Berkeley where she was the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics and has been a faculty member since 1980.
Yellen earlier took leave from Berkeley for five years starting August
1994 when she served as a member of the Board of Governors of the Federal
Reserve System through February 1997, and then left the Fed to become
Chair of the Council of Economic Advisers through August 1999. She
also chaired the Economic Policy Committee of the Organization for Economic
Cooperation and Development from 1997 to 1999.
Dr. Yellen became a member of The Group of 30 in September 2009. She also serves on the executive committee of the Bay Area Council and is a member of the Council on Foreign Relations and the American Academy of Arts and Sciences. Dr. Yellen is a research associate of the National Bureau of Economic Research and has served as president of the Western Economic Association and vice president of the American Economic Association. She was also a Fellow of the Yale Corporation.
graduated summa cum laude from Brown University with a degree in economics
in 1967, and received her PhD in Economics from Yale University
in 1971. She received the Wilbur Cross Medal from Yale in 1997, an
honorary Doctor of Laws degree from Brown in 1998, and an honorary Doctor
Letters from Bard College in 2000.
An Assistant Professor at Harvard University
from 1971 to 1976, Dr. Yellen served as an economist with the Federal
Reserve’s Board of Governors
in 1977 and 1978, and on the faculty of the London School of Economics
and Political Science from 1978 to 1980.
Dr. Yellen has written on a wide variety of macroeconomic issues, while
specializing in the causes, mechanisms and implications of unemployment.