Janet Yellen, U.S. Federal Reserve

Biography

Janet Yellen is an and American Economist who serve as the Federal Reserve Chair from 2014 to 2018, and as Vice Chair from 2010 to 2014. She previously was President and CEO of the Federal Reserve Bank of San Francisco. She was Chair of the White House Council of Economic Advisers under Bill Clinton.

Janet was a business professor at the University of Cal Berkeley. Janet is married and has one son.

Janet is well known in the Bitcoin space specifically because of “The Bitcoin Sign Guy,” who notoriously held up a “Buy Bitcoin” sign during her testimony to Congress.

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Janet Yellen Bitcoin Quotes

  • “Bitcoin is a payment innovation that’s taking place outside the banking industry. To the best of my knowledge there’s no intersection at all, in any way, between Bitcoin and banks that the Federal Reserve has the ability to supervise and regulate. So the Fed doesn’t have authority to supervise or regulate Bitcoin in any way…It’s not so easy to regulate Bitcoin because there’s no central issuer or network operator. This is a decentralized, global [entity]… We’re looking at this,” [source]
  • When gifted some Bitcoin: ”Thanks so much for the gift! Maybe ‘to know it’ will be ‘to love it’.” [source]
  • “The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way” 

 

Involvement with Bitcoin

  • Janet is well known in the Bitcoin space specifically because of “Bitcoin Sign Guy,” who notoriously held up a “Buy Bitcoin” sign during her testimony to Congress. [source]

Bitcoin sign guy holding a buy bitcoin sign during janet yellen federal reserve hearing

 

 

Media Sources

  • Bitcoin Sign Guy Interview [source]
  • Off The Chain Podcast: Bitcoin Sign Guy [source]

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