Paul Volcker is an [[economist]], Chair of the [[Federal Reserve]] under presidents [[Jimmy Carter|Carter]] and [[Ronald Reagan|Reagan]]. He currently chairs the Economic Recovery Advisory Board for the [[Obama Administration]] and has been termed Obama's "economy czar". During his time as Federal Reserve chairman, hee imposed painfully hhigh high interest rates that solved the economic crisis that ruined Carter and gave Reagan a major challenge. Volcker is generally regarded as a moderate in economic matters, with strong sdupport from business.
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'''Paul A. Volcker''' is an [[economist]], Chair of the [[Federal Reserve]] under presidents [[Jimmy Carter|Carter]] and [[Ronald Reagan|Reagan]]. During his time as Federal Reserve chairman (1979-1987), he imposed high interest rates that solved the economic crisis that ruined Carter and gave Reagan a major challenge. Volcker is generally regarded as a moderate in economic matters, with strong support from business.
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Paul Volcker currently chairs the Economic Recovery Advisory Board for the [[Obama Administration]] and has been termed Obama's "economy czar".<ref>[http://glennbeck.blogs.foxnews.com/2009/06/09/rise-of-the-czars/ Rise of the Czars], FOXNews.com, June 9th, 2009.</ref> He was appointed in January 2009, and reports to [[President Obama]].<ref name=GB>[http://www.glennbeck.com/content/articles/article/198/29391/ List of Obama's Czars], GlennBeck.com, August 21, 2009.</ref> He is in charge of offering independent, nonpartisan information, analysis, and advice to the President as he formulates and implements his plans for [[economic]] recovery.