Economy Nearing Carter-Era Catastrophe – Volcker Present Again

By | November 6, 2009

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2 thoughts on “Economy Nearing Carter-Era Catastrophe – Volcker Present Again

    1. Rich Mitchell Post author

      Jimmy Carter nominated Volcker in as Chairman of the Board of Governors of the Federal Reserve. Congress approved it.

      Volcker was appointed as Deputy Undersecretary of Monetary affairs in 1963 – during John F. Kennedy’s presidency.

      Volcker is currently enjoying an assignment as a Presidential adviser at the request of President Obama.

      All of Volcker’s major nominations were made by Democrats.

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