Janet Yellen

Watch the full episode on YouTube - click here What do the life and career of Janet Yellen have to do with automotive leaders? Jan invites the acclaimed Wall Street Journal writer Jon Hilsenrath — author of the new book, “ Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval ” — to the show to discuss Yellen’s role at the center of the largest American economic crises of the past 30 years. “When she became treasury secretary,” says Jon, “she had done something that no person in American history had ever done. She became the first human in American history to be the treasury secretary, the Fed chair, and the chair of the Council of Economic Advisers — and, no less, the first woman to hold those roles.” Jan and Jon dive into Yellen’s remarkable leadership and humanized approach to economic policy. Yellen’s success in traditionally slow-moving, male-dominated institutions has done more than break a glass ceiling. Her clarity of purpose, humility and gravitas have steered her through some of the most turbulent times in American economic history. The historical backdrop of Yellen’s career sheds light on many of the present challenges in the automotive industry. Jan highlights lessons from this intimate look at one of the most powerful figures in American politics. From lessons in building trust to the importance of feeling comfortable in one’s skin, Yellen’s life story has universal appeal. Stay until the end to hear how Jan once danced with the treasury secretary on stage at a conference. What else would you expect? Themes discussed in this episode: Finding purpose through humanizing your work Listening well and embracing cognitive diversity How leaders can benefit from skeptics The importance of admitting mistakes Building trust in a politically divided nation The complexities of democratic market-driven capitalism Stories of Janet Yellen’s gravitas in difficult situations Featured Guest: Jon Hilsenrath What he does: Jon Hilsenrath is a senior contributor to The Wall Street Journal, a Pulitzer Prize finalist and one of America’s most influential financial writers. Jon’s most recent work is his critically acclaimed biography “ Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval .” On leadership: “People around a leader can detect if that leader feels comfortable with his or her place in an organization and is comfortable enough to accept challenges from other people, to accept contradictory information, to accept dissonance when it occurs — because that's inevitable.” Episode Highlights Timestamped inflection points from the show [0:58] Spotlight on Yellen: Jan explains her admiration for Janet Yellen and introduces this episode’s guest, award-winning financial journalist Jon Hillsenrath and author of “ Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval .” [2:36] Economics meets auto: Jon shares his inspiration for writing “Yellen.” The treasury secretary and her husband George Akerlof have been at the center of American economics for the past 60 years. This historical backdrop helps us understand the modern auto industry. [6:20] Purpose in her work: Jon explains how Janet Yellen thrived in inertial, male-dominated institutions an

Today, we sit down with Jon Hilsenrath, a senior writer for The Wall Street Journal, where he has written about economics and finance since 1997. We're going to learn a little economic history but also a very human story of a woman's career in a male-dominated field, and of a couple unconventionally sharing family responsibilities long before that was common. Jon has been a Pulitzer Prize finalist several times. Jon is here to talk about his new book Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval . It details the storied career of former Federal Reserve Chair and now U.S. Treasury Secretary Janet Yellen, who is regarded as one of the most influential economic policymakers of her generation. Listen in as Jon dives into the story behind the writing of the book and his biggest takeaways from his research on the life and times of Janet Yellen and her husband, distinguished economist George Akerlof. After offering his four lessons on breaking the glass ceiling, Jon does a deep dive into Yellen ' s involvement amid the country ' s most pivotal economic downturns in recent times, namely the Global Financial Crisis and the COVID lockdowns. Key Topics: Why Jon wrote a book about Janet Yellen (2:51) " Why do we care about the Federal Reserve?" (7:14) Janet Yellen ' s relationship with her husband, Nobel-prize winner George Akerlof (13:01) " Lean in, but only when it counts." (20:39) "Have a higher purpose" (23:21) Keeping our eyes open to the evolving landscape to help us adapt to it (26:14) Yellen ' s role in the American Rescue Plan (30:12) Looking to our common identity as Americans (39:42) The two biggest surprises Jon encountered when doing research for the book (41:50) Our final takeaways (53:00) Resources: Jon Hilsenrath ' s new book, Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval If you like what you ' ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. stephanie@sofiafinancial.com You can find the transcript and more information about this episode at www.takebackretirement.com . Follow Stephanie on Twitter , Facebook , YouTube and LinkedIn . Follow Kevin on Twitter , Facebook , <a href= "https://www.youtube.com/c

First, Jake talks to Treasury Secretary Janet Yellen about President Biden’s $1.9 trillion covid relief package, amid criticism from Republicans and some Democrats that it’s too big. Next, Pennsylvania Sen. Pat Toomey responds to Yellen and also looks ahead to the start of former President Trump’s second impeachment trial in the Senate this week. Then, Jake asks Budget Committee Chairman Sen. Bernie Sanders about calls to make stimulus checks more targeted and leave his proposed minimum wage hike out of the covid bill. Finally, Massachusetts Rep. Ayanna Pressley joins Jake to reflect on her experience during the Capitol attack one month ago. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices