Janet Yellen

Janet Yellen is a former Chair of the Federal Reserve and a former US Treasury Secretary. She is newsworthy due to her recent condemnation of a criminal investigation launched by the US Department of Justice into the current Federal Reserve Chair, Jerome Powell. Yellen, along with other former Fed chairs like Alan Greenspan and Ben Bernanke, issued a statement criticizing the investigation as an unprecedented attempt to undermine the Federal Reserve's independence. They warned that such attacks have had negative consequences in other countries. This action is significant because it highlights concerns about political interference in the operations of the central bank and the importance of maintaining its autonomy.