In late September, the U.S. Department of Treasury announced that it was expanding internet service to Iranians amid a violent government crackdown on peaceful protests.
It’s a potentially surprising role for the Treasury Department to be playing, but Janet Yellen isn’t your average Treasury secretary. She’s the first woman to run the organization in US history and, in the words of a colleague, “the most important woman economic policy-maker in history, and the most important in the United States by several orders of magnitude.”
To give you a sense of how exceptional Yellen is, she was confirmed to the position on January 25, 2021—just 19 days after the insurrection—by a Senate vote of 84-15. By then, the Senate Finance Committee had unanimously advanced her nomination with members of both parties hailing her as the most qualified candidate ever.
At one of the most acrimonious and polarized moments in recent memory, how was Yellen so universally praised?
To get to know her better, we turn to Owen Ullmann, a journalist with five decades of experience and the current executive editor and Washington columnist for The International Economy, a quarterly magazine written for central bankers, finance ministers, financiers, and academics.
Ullmann’s latest book is Empathy Economics: Janet Yellen’s Remarkable Rise to Power and Her Drive to Spread Prosperity to All. From it, we’ve pulled four milestones from Janet Yellen’s remarkable life.
In late September, the U.S. Department of Treasury announced that it was expanding internet service to Iranians amid a violent government crackdown on peaceful protests. It’s a potent…