Difference between revisions of "Paul A. Volcker"
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| − | '''Paul A. Volcker''' | + | '''Paul A. Volcker''' (September 5, 1927 – December 8, 2019) was an [[economist]], former Chair of the [[Federal Reserve]] under presidents [[Jimmy Carter|Carter]] and [[Ronald Reagan|Reagan]], and Chairman of the President's Economic Recovery Advisory Board for the [[Obama Administration]] as the "Economic Czar."<ref>[http://glennbeck.blogs.foxnews.com/2009/06/09/rise-of-the-czars/ Rise of the Czars], FOXNews.com, June 9th, 2009.</ref> Volcker 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> |
| − | + | 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. | |
| − | 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. | + | |
| + | Volcker died on December 8, 2019.<ref>Multiple references: | ||
| + | *Lane, Sylvan (December 9, 2019). [https://thehill.com/policy/finance/473636-paul-volcker-dies-at-92 Paul Volcker dies at 92]. ''The Hill''. Retrieved December 9, 2019. | ||
| + | *Krishan, Nihal (December 9, 2019). [https://www.washingtonexaminer.com/policy/economy/paul-volcker-inflation-fighting-former-fed-chairman-dies-at-92 Paul Volcker, inflation-fighting former Fed chairman, dies at 92]. ''Washington Examiner''. Retrieved December 9, 2019. | ||
| + | *Davidson, Kate; Reddy, Sudeep (December 9, 2019). [https://www.wsj.com/articles/paul-volcker-who-guided-u-s-monetary-policy-and-finance-for-nearly-three-decades-is-dead-11575901675 Paul Volcker, Who Guided U.S. Monetary Policy and Finance for Nearly Three Decades, Is Dead]. ''The Wall Street Journal''. Retrieved December 9, 2019.</ref> | ||
==References== | ==References== | ||
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[[Category:Obama Administration]] | [[Category:Obama Administration]] | ||
[[Category:Obama Administration Czars]] | [[Category:Obama Administration Czars]] | ||
| + | [[Category:Economists]] | ||
Revision as of 04:11, December 10, 2019
Paul A. Volcker (September 5, 1927 – December 8, 2019) was an economist, former Chair of the Federal Reserve under presidents Carter and Reagan, and Chairman of the President's Economic Recovery Advisory Board for the Obama Administration as the "Economic Czar."[1] Volcker was appointed in January 2009, and reports to President Obama.[2]
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.
Volcker died on December 8, 2019.[3]
References
- ↑ Rise of the Czars, FOXNews.com, June 9th, 2009.
- ↑ List of Obama's Czars, GlennBeck.com, August 21, 2009.
- ↑ Multiple references:
- Lane, Sylvan (December 9, 2019). Paul Volcker dies at 92. The Hill. Retrieved December 9, 2019.
- Krishan, Nihal (December 9, 2019). Paul Volcker, inflation-fighting former Fed chairman, dies at 92. Washington Examiner. Retrieved December 9, 2019.
- Davidson, Kate; Reddy, Sudeep (December 9, 2019). Paul Volcker, Who Guided U.S. Monetary Policy and Finance for Nearly Three Decades, Is Dead. The Wall Street Journal. Retrieved December 9, 2019.