5 Out of 7 Last Chairs of the Federal Reserve Are Jewish

Author: Shaneya | Date: April 21, 2023

5 out of 7 last chairs of the Federal Reserve are Jewish, although there are only about 2.2% of Jews in the United States. 5 out of 7 is 71.4%. Since there are only 2.2% of Jews in the United States, it means that Jews are 32.5 times overrepresented among the last 7 chairs of the Federal Reserve.

These are the last 7 chairs of the Federal Reserve:

• Jay Powell, non-Jewish

• Janet Yellen, Jewish

• Ben Bernanke, Jewish

• Alan Greenspan, Jewish

• Paul Volker, Jewish

• William Miller, non-Jewish

• Arthur Burns, Jewish

The chair of the Federal Reserve is appointed by the President and confirmed by the Senate. Since 5 out of 7 last chairs of the Federal Reserve were Jewish, since they were appointed by the Presidents and confirmed by the Senate, this suggests that Jews have control not only over the Federal Reserve, but also over the Presidents of the United States and the U.S. Senate.

In addition to 5 out of last 7 chairs of the Federal Reserve being Jewish, Jews were in general also in position of a chair of the Federal Reserve for longer times. Alan Greenspan, Jewish, worked as chair of the Federal Reserve for over 18 years, while William Miller, non-Jewish, served for less than a year and a half. 

From February 1, 1970, when Arthur Burns became the chair of the Federal reserve, until today when I am writing this article, April 21, 2023, Jews held the position of a chair of the Federal Reserve for 46 years and 176 days, while in this same time non-Jews held the position of the chair of the Federal Reserve for 6 years and 227 days. 

If that is calculated into percentages, from February 1, 1970 to April 21, 2023, Jews held the position of the chair of the Federal Reserve for 87,3% of time, while in this same time period non-Jews held the position of a chair of the Federal Reserve for 12,7% of time. There is only about 2.2% of Jews in the United States so Jews were about 40 times overrepresented as chairs of the Federal Reserve in terms of time they worked as chairs.

Here is some basic information about the 5 Jewish chairs out of 7 last chairs of the Federal Reserve.

Janet Yellen

Janet Yellen is a Jewish economist who works as the Secretary of Treasury since 2021. Joe Biden appointed her as Secretary of Treasury. She was the chair of the Federal Reserve from 2014 to 2018. Barack Obama appointed her as the chair of the Federal Reserve.

She was a member of the board of governors of the Federal Reserve from 1994 to 1997. She led the White House Council of Economic Advisers under Bill Clinton from 1997 to 1999. She was the vice chair of the Federal Reserve from 2010 to 2018. She was a member of the Brookings Institution from 2018 to 2020.

Information about her Jewish origin

Wikipedia states the following: “Yellen was born on August 13, 1946, to a family of Polish Jewish ancestry in the Bay Ridge, Brooklyn neighborhood of New York City, and grew up there.”

Ben Bernanke

Ben Bernanke is a Jewish economist who worked as the chair of the Federal Reserve from 2006 to 2014. He was appointed as chair of the Federal Reserve by George W. Bush and reappointed by Barack Obama. 

He was a member of the board of governors of the Federal Reserve from 2002 to 2005. He was the chairman of the Council of Economic Advisers under George W. Bush from 2005 to 2006. He was awarded the Nobel Memorial Prize for his analysis of the Great Depression.

Information about his Jewish origin

Wikipedia gives the following information: “The Bernankes were one of the few Jewish families in Dillion and attended Ohav Shalom, a local synagogue. Bernanke learned Hebrew as a child from his maternal grandfather, Harold Friedman.”

Alan Greenspan

Alan Greenspan is a Jewish economist who worked as the chair of the Federal Reserve from 1987 to 2006, which more than 18 years. He was appointed as chair of the Federal Reserve by Ronald Reagan and reappointed every 4 years by George H. W. Bush, Bill Clinton, and George W. Bush.

Alan Greenspan came to the Federal Reserve board from a consulting career.

Information about his Jewish origin

Wikipedia states the following: “His father, Herbert Greenspan, was of Romanian Jewish descent, and his mother, Rose Goldsmith, was of Hungarian Jewish descent.”

Paul Volcker

Paul Volker is a Jewish economist who worked as a chair of the Federal Reserve from 1979 to 1987. He was appointed as chair of the Federal Reserve by Jimmy Carter and Ronald Reagan. 

He was the chair of the Economic Recovery Advisory Board under Barack Obama from 2009 to 2011.

Information about his Jewish origin

Ynetnews.com published an article titled Obama mulls naming Jewish economist secretary of treasury, which reveals that Paul Volcker was a Jew. The article says: “Born to a Jewish family in New Jersey in 1927, Volcker attended Princeton University, Harvard, and London school of Economics.” The article was written by a Jewish journalist from Israel Roni Sofer.

Arthur Burns

Arthur Burns was a Jewish economist who worked as the chair of the Federal Reserve from 1970 to 1978. He was appointed as chair of the Federal Reserve by Richard Nixon.

He was the chair of the Council of Economic Advisers under President Dwight D. Eisenhower from 1953 to 1965. He worked as the first Counselor to the President under Richard Nixon in 1969. He worked as Ambassador to West Germany from 1981 to 1985. 

Information about his Jewish origin

Wikipedia gives the following information: “Burns was born in Stanislau (now Ivano-Frankivsks), Austrian Poland (Galicia), a province of the Austro-Hungarian Empire, in 1904 to Polish-Jewish parents, Sarah Juran and Nathan Burnseig, who worked a a house painter.

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