\n \n \n \n \n \n \n \;Featured Conversation
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\n The Honorable
\n Janet L. Yellen
\n U.S. Secretary of the Treasury
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\n with special guest
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\n The Honorable
\n Jack Reed
\n U.S. Senator \;\n \n The Greater Providence Chamber of Commerce is pleased to provide this opportunity for our members to hear \;directly from Janet L. Yellen\, the 78th Secretary of the Treasury of the United States\, about current economic conditions. \;
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\n Senator Jack Reed will also join us for the Annual Meeting. \; \;
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\n An economist by training\, Secretary Yellen took office after almost fifty years in academia and public service. She is the first person in American history to have led the White House Council of Economic Advisors\, the Federal Reserve\, and the Treasury Department.
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\n In 1994\, President Bill Clinton appointed then-Dr. Yellen to the Federal Reserve Board of Governors. Three years later\, he named her Chair of the White House Council of Economic Advisers. \;
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\n In 2004\, Secretary Yellen began her third tenure at the Federal Reserve\, this time as President of the Federal Reserve Bank of San Francisco. From that post\, she spotted a worrying economic trend ? a bubble in home values. When the housing bubble popped in 2008\, Secretary Yellen helped manage the resulting financial crisis and recession.
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\n In 2010\, President Barack Obama\, appointed her Vice Chair of the Federal Reserve\, before nominating her to succeed Fed Chair Benjamin Bernanke as the nation?s top central banker. Secretary Yellen would serve as Chair of the Federal Reserve from 2014 until 2018. On December 1\, 2020\, then-President-elect Biden nominated Dr. Janet L. Yellen to the post of Treasury Secretary.
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\n In 1967\, Secretary Yellen graduated from Brown University and went on to earn her PhD at Yale. \;She was an assistant professor at Harvard until 1976 when she began working at the Federal Reserve Board.
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\n In 1980\, Secretary Yellen joined the faculty of the University of California at Berkeley\, where she became the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics. She is Professor Emeritus at the university. \;
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\n Secretary Yellen?s scholarship has focused on a range of issues pertaining to labor and macroeconomics. Her work on ?efficiency wages? with her husband George Akerlof studied why firms often choose to pay more than the minimum needed to hire employees. These businesses\, they found\, are often making a wise decision. \;Firms that offer better pay and working conditions tend to be rewarded with higher morale\, reduced turnover and greater productivity.\n \;\n \n \n \n \n \n \n \n | Reservations | \n \n \n \n | \n \n \n \n\n \n \n \n \n \n \n \n \n Corporate Virtual Table of 8 - $900
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\n Individual Reservation - $70
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\n Registration is required to view the online event. \; \;
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\n RSVP to \;kcairo@provchamber.com \n | \n \n \n \n | \n \n \n \n \n | \n \n \n \n | \n
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