AOC says females are disproportionately scrutinized after Biden’s Treasury choice Janet Yellen exposes she was paid $7 million in speaking charges
- Janet Yellen, President-elect Joe Biden’s Treasury candidate, made more than $7 million by offering speeches on Wall Street and in Silicon Valley.
- In a 21- page financial disclosure form, Yellen lists 64 different earnings types, including her advantages from the University of California, Berkeley, where she’s a professor emeritus.
- Rep. Alexandria Ocasio-Cortez said on Twitter: ” Probably an unpopular take but I believe it is necessary the general public knows what their public servants’ monetary & income streams are, regardless of gender or party.”
Janet Yellen, President-elect Joe Biden’s Treasury nominee, made more than $7 million by offering speeches on Wall Street and in Silicon Valley.
In a 21- page monetary disclosure kind, Yellen lists 64 different income types, including her gain from the University of California, Berkeley, where she’s a professor emeritus. The bulk of her earnings, nevertheless, originates from speaking charges that climb well into 6 figures.
ING and PWC both paid her $225,000 Zurich-based Credit Suisse paid her $292,500 The list of other banks and financial investment firms that paid for Yellen to speak includes UBS, Citi, Standard Charter, BNP Paribas, Bank of America, and Stifel Financial.
Big tech business also invited Yellen to speak, with Salesforce paying her $67,500 and Google paying her $112,500
It’s not uncommon for ex-government staffers on both sides of the aisle to money in by speaking at personal occasions after leaving office. Former House Speaker Paul Ryan, ex-President Barack Obama, and ex-Senator Hillary Clinton each moved flawlessly from politics to the financially rewarding lecture circuit.
However public and media scrutiny of financial details “gets disproportionately wielded on females,” Rep. Alexandria Ocasio-Cortez said on Twitter on Friday. Her current and previous financial circumstances have long been a subject of conversation.
It was still essential, however, for the general public to know Yellen’s Wall Street ties, she included.
” Probably an unpopular take however I believe it is necessary the public understands what their public servants’ monetary & income streams are, regardless of gender or party,” Ocasio-Cortez stated in another tweet
— Alexandria Ocasio-Cortez (@AOC) January 1, 2021
Yellen served formerly as Federal Reserve chair during Obama’s presidency. She had actually been on the Federal Reserve Board of Governors, and was president of the Federal Reserve Bank of San Francisco.
— Janet Yellen (@JanetYellen) December 31, 2020
If verified as Treasury secretary, Yellen would be accountable for financial policy and enforcement decisions most likely to effect organizations that have actually paid her.
” There has never been anyone more certified to be Treasury Secretary than Janet Yellen. Duration,” Biden said on Twitter in early December.
He added: “I trust her understanding and look forward to working with her to construct our economy back better.”
( the heading, this story has not been released by Essential India News personnel and is released from a syndicated feed.).