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7 Surprising Facts about Janet Yellen
2021-05-14 15:00:00
Richard Snow,
Markets Writer
Janet Yellen, probably the most qualified Fed Chair in history, has been voted the most influential person in the world, married a Nobel Prize winning economist and has an impressive stamp collection, too. She is a leader among women in finance blazing new trails.
Below are seven surprising facts about the US Treasury Secretary, Janet Yellen.
1. Most Qualified Federal Reserve Chairperson in its History
Janet Yellen has received numerous accolades and achievements, both academic and as a result of positions she held over her career, that we could not possibly do them justice here. However, some of her more notable achievements are listed below:
The facts are clear. We must act now to provide emergency relief to American workers facing long-term unemployment. But we can t stop there. It s also past time we put in place practical solutions to eliminate long-term unemployment altogether. Ignoring this issue risks inflicting permanent damage on our workforce and our economy.
Our first priority must be to help these Americans make it through the pandemic. The CARES Act expanded eligibility for unemployment assistance, increased the weekly benefit by $600, and provided an extra thirteen weeks of support.
But the $600 increase expired at the end of July, and the other measures will run out at the end of December. The House-passed HEROES Act would extend all of these programs, but Senate Republicans