Despite standing at just 5'3" tall, Janet Yellen is one of the most powerful woman in the United States and perhaps the world.
As the first woman to become Chair of the Board of Governors of the United States Federal Reserve System, she is a Wonder Woman of Wall Street and the epitome of Alpha Rising, TheStreet's special series covering ground-breaking women in business.
She was nominated by President Obama to succeed Ben Bernanke back in 2013 and has more spent more hours at the Fed than just about anyone. Because prior to getting the top spot, she was Vice Chairwoman from 2010 to 2014 and President and Chief Executive Officer of the Federal Reserve Bank of San Francisco before that.
And this Friday at Jackson Hole, she will give one of her most anticipated speeches on the state of the economy. She is expected to focus on financial stability and probably will mention her concern that inflation still is falling short of the 2% target. She has been uber accurate in noting that expansive monetary policy would not create inflation.
Yellen has a mission to create jobs for all American's though women remain a key priority.
In a recent speech at Brown University, commemorating 125th anniversary of women being admitted to the school, she spoke about how "women continue to be underrepresented in certain industries and occupations; and too many women struggle to combine aspirations for work and family."
"Evidence suggests that many women remain unable to achieve their goals," she said in that May 2017 speech. "If these obstacles persist, we will squander the potential of many of our citizens and incur a substantial loss to the productive capacity of our economy at a time when the aging of the population and weak productivity growth are already weighing on economic growth."
And that is exactly why we launched Alpha Rising. Women are underrepresented in the C-suites and boardrooms. So we strongly support our Fed Chair in her mission. So does Christie Hefner. And Carly Fiorina. And, quite frankly, all of the women we have interviewed for #AlphaRising.
And even though Yellen wasn't a household name before her Senate Confirmation on January 6, 2014, she has been a quiet role model and a gentle giant for women throughout the years.
Climbing the ranks in the male-dominated world of economics and being mentored Nobel-Prize winning economist James Tobin at Yale, where she received her Ph.D. in 1971, Yellen now stands taller than all of them.
(Her husband is Nobel Prize recipient George Akerlof, who she met when they were both working at the Federal Reserve in 1977. We would love to be a fly on the wall during dinner!)
We at #AlphaRising are hoping this is not the last time Federal Reserve Chair Janet Yellen testifies before the House Financial Services and Senate Banking committees.
But if it is, we are confident that she will continue to be heard over the noise.
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