Janet L. Yellentook office as chair of the Board of Governors of the Federal Reserve System in February 2014, for a four-year term ending February 3, 2018. She was succeeded by Jerome Powell.Yellen graduated summa cum laude from Brown University with a degree in economics in 1967. She received her doctorate in economics from Yale University in 1971. From 1971 to 1976, she was an assistant professor at Harvard University. From 1977 to 1978, she worked for the Board of Governors as an economist, before joining the faculty of the London School of Economics and Political Science (1978–80).Yellen is professor emeritus at the University of California at Berkeley, where she has been a faculty member since 1980. During her time there, she was also the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics.Yellen took leave from Berkeley for five years starting in August 1994. She served as a member of the Board of Governors until February 1997 and then left the B...
