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Paul Volcker

Paul Volcker
Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.

Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.

Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princet...
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Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.

Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.

Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princeton and a master's from the Harvard University Graduate School of Public Administration. Before leading the Federal Reserve, he served as chairman of the Federal Reserve Bank of New York.
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Top Paul Volcker Articles see all

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  • Bobby Shriver's ties that bind

    Bobby Shriver's ties that bind
    Kennedy memorabilia is scattered around Bobby Shriver's campaign headquarters. On one wall hangs a photo of a giant Robert F. Kennedy mural, on another the signed text of Sen. Edward M. Kennedy's 1980 speech to the Democratic National Convention: "To Bobby. Christmas. Love, Uncle Ted."
  • Must Shore Up State's Fiscal Foundation

    A windfall in tax receipts from last year's buoyant stock market run has created a tantalizing mirage of fiscal stability for Connecticut. Don't be fooled. Although the higher-than-expected tax receipts do indeed offer a brief respite, we shouldn't...

    2/15

    It never ceases to amaze me that the governor and the Legislature can always find ways to funnel money to businesses, but they can never figure out how to give a permanent annual raise to state employees. We should not have medical marijuana. People...

    Assessing Their Own Leadership

    Assessing Their Own Leadership
    Friday turned out to be a rough day for Chengyu Fu, CEO of the China Petrochemical Corp., but he showed leadership under unexpected pressure. Through a video hookup from China, Fu participated in a panel discussion about "CEOs in the Public Spotlight" at...

    Journalist George Goodman, PBS' 'Adam Smith,' Dies at 83

    George Goodman, a journalist, business author, screenwriter and award-winning television host who under the pseudonym "Adam Smith" made economics accessible to millions of people, died Friday at the University of Miami Hospital after a long battle with...