topic-peplt0000017546 News Coverage on Paul Volcker - CTNow
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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

Displaying items 12-22
  • Don't retreat on the Volcker Rule

    Federal regulators are expected to give final approval this week to the so-called Volcker Rule, which bars banks from making risky investments with the insured deposits they're holding for customers. To protect against having to bail out depositors in the...
  • Alan Greenspan praises Fed chair nominee Janet Yellen as 'very bright'

    Alan Greenspan praises Fed chair nominee Janet Yellen as 'very bright'
    WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
  • Obama to nominate Janet Yellen to lead Federal Reserve

    Obama to nominate Janet Yellen to lead Federal Reserve
    WASHINGTON — President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful...
  • Reel Critics: 'Money for Nothing' worth the price

    Reel Critics: 'Money for Nothing' worth the price
    Only a documentary about the Federal Reserve could have the real luminaries of the system as the stars of the film. Alan Greenspan, Ben Bernanke, Paul Volcker and a host of Treasury officials appear as themselves in "Money for Nothing: Inside the...
  • Movie review: 'Money for Nothing' a worrying look at Federal Reserve

    Movie review: 'Money for Nothing' a worrying look at Federal Reserve
    Pegged to the 2008-09 Great Recession, "Money for Nothing: Inside the Federal Reserve" is a disconcerting documentary on the central bank's influence over America's past and present economic crises. After breezing through a crash course on the Fed's...
  • Yellen gains allies for top job at Fed

    Yellen gains allies for top job at Fed
    WASHINGTON — In an era of unprecedented efforts by the Federal Reserve to bolster the economy, add another first — a highly public campaign to influence the selection of the central bank's next chief. Supporters of Fed Vice Chair Janet L....
  • Thursday Morning Coffee: The five things you need to know this morning.

     
    Good Thursday Morning, Fellow Seekers. Well here we are again: into the final furlong before what's shaping up to be another scorcher of a July weekend. At times like this, we find ourselves wishing we lived in 1920s France and......
  • New report details the six gravest threats to states' fiscal stability.

     
    The national economy might be slowly rebounding, but state governments still face serious threats to their bottom lines, including the runaway Medicaid spending, growing public pension obligations and a hobbled ability to raise new tax revenues, a new...
  • Reefer madness: Reform our crazy marijuana laws

    Reefer madness: Reform our crazy marijuana laws
    The militarization of the Mexican border is a new phenomenon for two nations whose militaries have traditionally been made to stay out of politics. There are constant expansions of our prisons, and further explosions of the drug-related caseloads of our...
  • The war on 'the war on drugs' [The conversation]

     
    With the 40th anniversary of President Richard Nixon's "War on Drugs" Friday, many people seem to agree that the battle against “America’s public enemy No. 1” has failed. After the Global Commission on Drug Policy released its June...
  • White House says the war is working – the war on drugs

     
    The White House is asking for over $26 billion in 2012 to fight illegal drug use, world leaders say it won't help...