Janet Yellen’s Speaking Fees and Income

Posted on 01/06/2021


Janet Louise Yellen is an American economist who was the 15th chair of the Federal Reserve from 2014 to 2018, the first woman to hold the role. She was vice-chair from 2010 to 2014. President-elect Joe Biden has announced that he will nominate Yellen to serve in his Cabinet as United States Secretary of the Treasury. The former chair of the Federal Reserve raked in nearly US$ 1 million alone in multiple speeches to Citigroup, according to financial disclosure documents. Since stepping down from the Federal Reserve in early 2018, Yellen has also given paid speeches to other companies, including Google, Goldman Sachs, Bank of America, and Salesforce.

The salary for the Chairman of the Federal Reserve is set by the U.S. Congress. For 2019, the annual salary for the Federal Reserve Chairman is US$ 203,500.

Janet Yellen earned millions in speaking fees. Here is a list from her disclosure form.

Desc. Income Type Amount in USD
UBS — 1/6/2019 Speaking fee 112,500
Wealth Vest — 1/9/2019 Speaking fee 90,000
National Retail Federation — 1/14/2019 Speaking fee 157,500
ING — 1/15/2019 Speaking fee 225,000
PWC — 1/23/2019 Speaking fee 225,000
City National Bank — 1/28/2019 Speaking fee 112,500
Structured Finance Industry Group –2/26/2019 Speaking fee 180,000
Standard Chartered Bank — 3/3/2019 Speaking fee 270,000
Citi — 3/6/2019 Speaking fee 217,200
Entrust — 3/7/2019 Speaking fee 157,500
Credit Suisse — 3/25/2019 Speaking fee 292,500
Texas Christian University — 3/28/2019 Speaking fee 135,000
BNP Paribas — 4/2/2019 Speaking fee 225,000
Institute for Supply Management Conference — 4/9/2019 Speaking fee 180,000
PIMCO — 5/5-6/2019 Speaking fee 180,000
National Investment Center — 9/12/2019 Speaking fee 175,500
Bank of America — 10/2/2019 Speaking fee 45,000
Barclays — 10/15/2019 Speaking fee 180,000
Citadel — 10/17/2019 Speaking fee 292,500
Prudential Global Investment Management –11/6/2019 Speaking fee 157,500
Google — 10/30/2019 Speaking fee 112,500
HSM — 11/21/2019 Speaking fee 157,500
Citadel — 12/3/2019 Speaking fee 180,000
Stifel Financial — 12/4/2019 Speaking fee 90,000
Hong Kong Development Council — 1/13/2020 Speaking fee 270,000
CFA Society Atlanta — 2/5/2020 Speaking fee 180,000
Citi — 5/19/2020 Speaking fee 87,750
Citi — 4/30/2020 Speaking fee 54,000
Fiserv — 5/26/2020 Speaking fee 67,500
Salesforce — 6/24/2020 Speaking fee 67,500
Ares Management — 5/26/2020 Speaking fee 67,500
Barclays — 7/29/2020 Speaking fee 54,000
Citi — 6/15/2020 Speaking fee 40,500
Goldman Sachs — 6/17/2020 Speaking fee 67,500
Citi — 7/15/2020 Speaking fee 17,000
Principal Financial Investor Conference –9/17/2020 Speaking fee 67,500
Credit Suisse — 9/30/2020 Speaking fee 67,500
Pillsbury Winthrop Shaw Pittman — 10/9/2020 Speaking fee 67,500
Citi — 10/14/2020 Speaking fee 54,000
PMI — 10/22/2020 Speaking fee 67,500
Standard Chartered Bank — 10/27/2020 Speaking fee 67,500
Advisor Group — 10/28/2020 Speaking fee 67,500
Citadel — 10/9/2020, 10/20/2020, 10/26/2020,10/27/2020 Speaking fee 337,500
Daiwa Securities — 11/5/2020 Speaking fee 72,000
Deloitte — 11/20/2020 Speaking fee 67,500
Citi — 3/11/2019 Speaking fee 217,200
Citi — 3/12/2019 Speaking fee 217,200
Citi — 5/20/2020 Speaking fee 87,750
Magellan Financial Group — 10/31/19 Speaking fee 45,000
Magellan Financial Group — 3/31/2020 Speaking fee 45,000
Magellan Financial Group — 5/12/2020 Speaking fee 45,000
Magellan Financial Group — 8/20/2020 Speaking fee 45,000
Magellan Financial Group — 11/16/2020 Speaking fee 45,000
City National Bank — 1/29/2019 Speaking fee 112,500
City National Bank — 1/30/2019 Speaking fee 112,500
City National Bank — 1/30/2019 Speaking fee 112,500
City National Bank — 1/31/2019 Speaking fee 112,500
TOTAL   7,256,600

Keywords: Federal Reserve System. Yellen salary.

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