Political Quotes

“today I wish to express my support for Vice Chairman Janet Yellen, nominee for Chairman of the Federal Reserve. Dr. Yellen has dedicated her life to understanding the complex and evolving field of economics, and her background makes her an ideal candidate to replace Chairman Ben Bernanke and continue the Fed's efforts to boost economic growth, increase the pace of job creation, and ulitimately reduce the crushing unemployment that has been a drag on our recovery. Dr. Yellen's academic credentials and experience in economics are first rate. She graduated suma cum laude from Brown University in 1967 and later earned a doctorate in economics from Yale University in 1971. She began her teaching career as an assistant professor at Harvard University, where she taught from 1971 to 1976. In 1977 and 1978 she began her public service as an economist at the Federal Reserve Board of Governors. In 1980, Dr. Yellen headed west to my home State of California to become an assistant professor at the University of California, Berkeley, She rose to professor emeritus of business and economics and was twice awarded teacher of the year at Berkeley's distinguished Haas School of Business. During her time at Berkeley and elsewhere, Dr. Yellen published numerous research works, including the well-regarded ``Waiting for Work,'' a comprehensive study of unemployment she completed with her husband, the economist George Akerlof. Dr.…”