Courtesy of Pam Martens
U. S. Treasury Secretary Janet Yellen
After stepping down as Fed Chair on February 3, 2018, Janet Yellen began a whirlwind of speaking engagements that netted her millions of dollars over the next two years. But when it came time to disclose those fees after she was nominated by President Biden to become Treasury Secretary, Yellen disclosed only the fees she had made in 2019 and 2020, not the millions she had made in fees in 2018. What Yellen did disclose showed more than $7 million in speaking fees, with the bulk of that coming from Wall Street banks, trading houses and hedge funds.
As the news broke this past January about Yellen’s cash haul, Senior Reporter Jesse Eisinger of ProPublica Tweeted this: “Deeply troubling two-fisted money grab from banks by Janet Yellen. This is corruption, but isn’t called that because it’s so quotidian.” Eisinger added: “Sure, Yellen might think she can make independent decisions once in office. But how arrogant is it to imagine that money corrupts everyone but you?”
Yellen brought this distrust on herself. Now the American people have a right to echo Jesse Eisinger and ask: how arrogant is it for Janet Yellen to think she can black out phone calls and meetings on her daily appointment calendar as U.S. Treasury Secretary and not fall under suspicion.
Yellen’s Daily Appointment Calendar shows that in her first three months in office, she has blacked out (redacted) 73 phone calls or meetings.
There must be something particularly embarrassing about the people involved in at least some of these redacted meetings and phone calls because there are unredacted names on her appointment calendar that certainly raise eyebrows.
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