Janet Yellen, the former Fed chief and Biden’s pick to lead the US Treasury, earned more than $7m in speaking fees from big banks and tech giants in

Yellen earned millions in speaking fees from Wall St, tech firms

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2023-03-22 12:30:03

Janet Yellen, the former Fed chief and Biden’s pick to lead the US Treasury, earned more than $7m in speaking fees from big banks and tech giants including Citigroup, Goldman Sachs and Google.

President-elect Joe Biden’s choice to be treasury secretary, Janet Yellen, collected more than $7m in speaking fees over the past two years from top financial firms and tech giants including Citigroup, Goldman Sachs and Google, according to disclosure forms filed as part of her nomination.

Yellen’s was among three financial disclosures turned in by Biden transition officials that were made public on Thursday by the Office of Government Ethics. In a separate filing, Yellen listed firms and banks where she had received speaking fees and said she intended to “seek written authorization” from ethics officials to “participate personally and substantially” in matters involving them.

Yellen was the Federal Reserve chair from 2014 to 2018. Her term was not renewed by President Donald Trump. She took in the speaking fees in 2019 and 2020.