ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Key Takeaways. Ben Bernanke is a former Federal Reserve chair, serving from 2006 to 2014. As Fed chair, Bernanke oversaw the central bank’s response to the 2008 financial crisis and the Great Recession. Bernanke succeeded Alan Greenspan and was replaced by Janet Yellen.

Detailed explanation-2: -Recent News. Janet Yellen, in full Janet Louise Yellen, (born August 13, 1946, Brooklyn, New York, U.S.), American economist, chair (2014–18) of the Board of Governors of the Federal Reserve System (“the Fed”), the central bank of the United States, and secretary of the U.S. Department of the Treasury (2021– ).