WASHINGTON — Federal Reserve Vice Chairwoman Janet Yellen stands as potentially the wealthiest member of the central bank’s board of governors since joining in October. Yellen reported assets valued between $5.1 million and $14.4 million, according to financial disclosure forms released Friday.
Yellen was previously president of the Federal Reserve Bank of San Francisco, where she earned more than $400,000 annually, and is married to Nobel laureate George Akerlof, whose substantial income from writing and speaking engagements was included in the disclosure forms.
She far outpaced Fed Chairman Ben Bernanke, who reported assets valued between $1.1 million and $2.3 million — figures barely changed from a year earlier.
Fed officials are restricted from directly holding stocks in banks or bank holding companies, owning mutual funds with a financial-sector focus, and buying or selling any security the week before the central bank’s policy-setting meeting. Dow Jones Newswires
