{"id":35351,"date":"2021-01-26T12:54:00","date_gmt":"2021-01-26T10:54:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35351"},"modified":"2025-08-29T00:55:08","modified_gmt":"2025-08-28T21:55:08","slug":"bitcoin-skeptic-janet-yellen-to-head-the-u-s-treasury","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-skeptic-janet-yellen-to-head-the-u-s-treasury\/","title":{"rendered":"Bitcoin skeptic Janet Yellen to head the U.S. Treasury"},"content":{"rendered":"

Former head of the U.S. Federal Reserve (Fed) Janet Yellen has become the first woman to serve as Treasury secretary. The Senate confirmed by the Senate<\/a>.<\/p>\n

<\/p>\n

Yellen is known for her criticism of Bitcoin. While heading the Fed from 2014 to 2018, she described the first cryptocurrency as a speculative asset.<\/p>\n

After being nominated to the post of Treasury secretary in November 2020, Yellen changed her rhetoric. As head of the department she promised to consider ways to promote<\/a> the legitimate use of digital assets and to keep a close eye on<\/a> the industry.<\/p>\n

In her view, regulators can harness the benefits of cryptocurrencies to improve the efficiency of the financial system.<\/p>\n

In July 2017, Yellen’s address to the House Financial Services Committee was interrupted by an unknown man who held a placard urging people to buy Bitcoin.<\/p>\n

In 2018, Raz Suprovichi, founder of the digital gift service Biterica, sent the former Fed head 0.0031642 BTC (~$20 at the time of the transaction).<\/p>\n

In November 2020, Morgan Creek Digital co-founder Anthony Pompliano called Yellen’s appointment to the post of U.S. Treasury secretary good news for Bitcoin<\/a>.<\/p>\n

Follow ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Former head of the U.S. Federal Reserve (Fed), Janet Yellen, became the first woman to head the Treasury Department. The Senate confirmed her nomination.<\/p>\n","protected":false},"author":1,"featured_media":35352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2085,1490],"class_list":["post-35351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-janet-yellen","tag-us-treasury"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35351"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35351\/revisions"}],"predecessor-version":[{"id":35353,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35351\/revisions\/35353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35352"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}