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Janet Yellen Joins Brookings Center -- WSJ

3 Feb 2018 7:32 am
By Nick Timiraos 

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 3, 2018).

Federal Reserve Chairwoman Janet Yellen, who completes her four-year term as leader of the central bank Saturday, will join the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution as a distinguished fellow in residence in economic studies, the think tank said in an email Friday.

Ms. Yellen joins her predecessor, Ben Bernanke, and Donald Kohn, a former Fed vice chairman, at the Hutchins Center. Nellie Liang, former director of the Fed's financial stability unit, joined the center last year. She starts at the center Monday.

Ms. Yellen has spent the last 14 years at the Fed, serving as San Francisco Fed president from 2004 to 2010. She was later nominated by President Barack Obama to serve as the Fed's vice chairwoman, making her the No. 2 to Mr. Bernanke, before becoming the first woman to lead the central bank in 2014.

Ms. Yellen was first appointed to the Fed's board in 1994 by President Bill Clinton, who in 1997 named her to lead the White House Council of Economic Advisers.

Write to Nick Timiraos at nick.timiraos@wsj.com

(END) Dow Jones Newswires

February 03, 2018 02:32 ET (07:32 GMT)

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