mostpowerfulwoman概要.ppt

* * * * Most powerful woman Issue.1026 October 16, 2013 Background Information General Questions Detailed Study Most powerful woman Background Information The?Federal Reserve System美国联邦储备系统?(also known as the?Federal Reserve, and informally as the?Fed) is the?central banking?system 银行系统中枢of the United States. It was created on December 23, 1913, with the enactment of the?Federal Reserve Act联邦储备法案, largely in response to a series of financial panics, particularly a severe?panic in 1907.Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved发展. Events such as the Great Depression in 1933?大萧条were major factors leading to changes in the system. Background Information Janet Louise Yellen?(born August 13, 1946) is an American economist and professor who is the Vice Chair of the?Board of Governors of the Federal Reserve System. Previously, she was President and Chief Executive Officer of the Federal Reserve Bank 联邦储备银行of San Francisco, Chair of the White House?Council of Economic Advisers under?President?Bill Clinton, and?Professor Emeritus 荣誉教授?at the?University of California, Berkeleys? School of Business. On October 9, 2013, President?Barack Obama?nominated Yellen to be Chair of the Federal Reserve. If confirmed, Yellen would be the first woman to hold the position.  Global Understanding The most powerful woman: Yellen How it happened? On Oct.9, President Obama’s nomination: the next US Federal Reserve (Fed) chair. What brought Yellen to be the most powerful woman? 1. Chaired Bill Clinton’s Council of Economic Advisor; 2. Taught at Harvard and Berkeley; 3. The president of Federal Reserve Bank of S. F.; 4. Now Fed’s vice chair. Why Yellen? 1.The right person to tackle two challenges Fed confronts now; 2.CNN’s comments; 3. Yellen’s strong talent. Why Yellen is the one? Unique position of the Fed: 1. The Fed is independent; 2. Within Fed, only the chair sets the agenda. Skimming and scannin