Connect with us

Hi, what are you looking for?


Woman Crush

US President Elect Joe Biden confirms Janet Yellen as Treasury nominee 

United States President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his nominee for secretary of the US Department of the Treasury.

Biden has selected a lineup that includes women and minorities. If they are confirmed, these people will shape policies during a time of profound economic upheaval for the nation.

“This team is comprised of respected and tested groundbreaking public servants who will help the communities hardest hit by COVID-19 and address the structural inequities in our economy,” Biden said in a statement.


Janet Yellen is a labour economist who became the first woman to head the US Federal Reserve. She is now set to become the first woman to lead the US Treasury.

Responding to her nomination, Janet Yellen marked the occasion by opening a Twitter account with a profile that reads: “Current nominee for Treasury Secretary. Former Fed Chair. Always an economist.”

She also composed an inaugural tweet, in which she promised to “work every day towards rebuilding” the American dream “for all” in her role as the head of the Treasury.

Nigerian born Adewale Wally Adeyemo is poised to join Janet Yellen at the Treasury. He is Biden’s nominee to serve as deputy secretary. If confirmed, he would become the first African American to hold that post.

Janet Yellen

Janet Yellen was born on August 13, 1946. She’s an economist at the Brookings Institution and a professor emeritus at the University of California, Berkeley, Haas School of Business, having taught economics as a professor for over 20 years from 1985 to 2006.

She served as the Chair of the Federal Reserve from 2014 to 2018, and as Vice Chair from 2010 to 2014. She was the first woman to head the Federal Reserve.

In addition to her continued contributions to the field of economics, Janet Yellen is also noted for breaking down many gender barriers as a woman in the field.

Janet Yellen is married to George Akerlof. He is also an economist and Nobel Memorial Prize in Economic Sciences laureate. He’s a professor at Georgetown University and professor emeritus at the University of California, Berkeley.

The couple met in 1977 and got married in June 1978. Their son Robert Akerlof was born in June 1981. Robert Akerlof now teaches Economics at the University of Warwick.

Janet Yellen and Akerlof have collaborated on research, including topics such as poverty, unemployment and a paper on the costs of out-of-wedlock childbearing.

Janet Yellen net worth is $13 million. What a woman!

Written By

I am a woman who is passionate about empowering other women to live their best lives and be free from unhealthy societal expectations. I'm a journalist and a columnist with a reputable media house. I educate, inspire and encourage women to embrace their uniqueness fully. I am a mother to an intelligent girl. I love perfumes.


You May Also Like

Feminine Health

Many women are dealing with sagging breasts. Even though they always want to look good and have enviable bodies, they find it nearly impossible...

Feminine Health

Do you know that those pineapple skin peels you throw away have health benefits that your body needs? Pineapple is one of the most...

Feminine Health

Many women may not like the pungent, lingering smell of raw garlic but they cannot deny that this heavy duty spice is a health...

Heart Matters

If you must be a side chick, you must follow the side chick code of conduct. This is because being the other woman is...

Parent's Corner

Dear Nigerian parents, teach your daughters that there’s more to life than male attention. Teach them to go through life doing what they want...

Social Media Sparks

Facebook is an interesting place. You will meet different kinds of people on Facebook. On that street called Facebook, you will find the good,...

Thoughts and opinions

Nigerian women should stop feeling guilty for putting themselves first in relationships. It is okay for women to look out for their interests and...


Craig Armstead killed a 31-year-old lady, Kerri Harris who was a coworker because she refused to date him. This guy pursued this lady for...