Economist Diane Swonk Reflects on Janet Yellen's Legacy

The video discusses Janet Yellen's legacy as the first female Fed chair, highlighting her economic policies, focus on addressing disparities, and political challenges. It also explores potential future female Fed chairs and the importance of diversity in economic leadership.

What significant policy shift did Janet Yellen oversee during her tenure as Fed chair?

• Introduction of new crisis-era policies

• Unwinding of crisis-era policies

• Implementation of a new tax reform

• Establishment of a new central bank

How did Janet Yellen address economic disparities during her time as Fed chair?

• By focusing solely on interest rates

• By ignoring unemployment statistics

• By considering the composition of unemployment

• By reducing the federal budget

What was one of Janet Yellen's goals in extending the economic expansion?

• To increase government spending

• To bring more people back into the labor force

• To decrease the national debt

• To raise taxes

What challenge did Janet Yellen face in her relationship with Congress?

• Lack of support from the President

• Difficulty in communicating with the public

• Harsh treatment due to political affiliations

• Inability to implement any policies

Who is mentioned as a potential future female Fed chair?

• Diane Swonk

• Lil Brainerd

• Ben Bernanke

• Janet Yellen