Janet Yellen

Janet Yellen is a former Chair of the Federal Reserve and a former US Treasury Secretary. She is newsworthy due to her involvement in the recent controversy surrounding a criminal investigation into the current Federal Reserve Chair, Jerome Powell. Along with other former Fed chairs like Alan Greenspan and Ben Bernanke, Yellen has publicly condemned the investigation, describing it as an unprecedented attempt to undermine the Federal Reserve's independence. This condemnation comes in response to the Department of Justice opening a criminal investigation into Powell, reportedly prompted by the Trump administration. Yellen's stance, along with other former Fed leaders, highlights the importance of maintaining the central bank's autonomy and signals concerns about potential political interference in monetary policy.