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Janet Yellen – The Modern Nero

The Treasury Secretary is woefully out of touch with the severity of the conditions faced by the American people. Her implausible ideas and insensitive speech do not help matters.

Treasury Secretary Janet Yellen delivers an economic speech at Ford Motor Company's Rouge Electric Vehicle Center that builds the all-electric Ford F-150 Lightning in Dearborn, Michigan, on September 8, 2022. (Photo by JEFF KOWALSKY/AFP via Getty Images)

Janet Yellen has a stellar resume. After getting her doctorate in Economics from Yale, Yellen taught in many top schools, including the London School of Economics. President Clinton nominated her to the Federal Reserve Board of Governors in 1994. After she served in that position till 1997, he appointed her chair of the Council of Economic Advisers from 1997 to 1999. President Obama appointed her vice chair of the Federal Reserve in 2010. After completing a four-year term, she was promoted to the chair of the Federal Reserve from 2014 to 2018.

Despite such an impressive list, unfortunately, she lacks direct business experience. She can't relate to the struggles of most Americans. Yellen is a team player. She plays a vital role on Biden's economic team as the go-to person for selling Pollyanna ideas to the American public.

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