Paul Volcker is the Chairman-Designate of the newly formed Economic Recovery Advisory Board under President-elect Barack Obama.He is the same age as my mother; he is a youngster compared to my Dad at 88.
EDUCATION
Princeton University, B.A. Summa cum laude, 1949
Harvard University, Graduate School of Public Administration, M.A. Polictical Economy, 1951
London School of Economics 1951-1952; Rotary Foundation Ambassadorial Fellow
HONORARY DEGREES
University of Notre Dame, Princeton University, Dartmouth College, New York University, Fairleigh Dickinson University, Bryant College, Adelphi University, Lamar University, Bates College (1989), Fairfield University (1994), Northwestern University (2004), Rensselaer Polytechnic Institute (2005), Brown University (2006), and Georgetown University (2007).
PROFESSIONAL POSITIONS
Federal Reserve Bank of New York, Economist, 1952-1957
Chase Manhattan Bank, Economist, 1957-1962
US. Department of Treasury, Director of Financial Analysis, 1962
US. Department of Treasury, Deputy Under-Secretary for Monetary Affairs, 1963-1965
Chase Manhattan Bank, Vice-President and Director of Planning, 1965-1969
US. Department of Treasury, Under-Secretary of the Treasury for International Monetary Affairs, 1969-1974
Federal Reserve Bank of New York, President, 1975-1979
Princeton University, Senior Fellow, Woodrow Wilson School of Pubic and International Affairs, 1975
Federal Reserve System, Chairman, 1979-1987, Reappointed in 1983, J. Rothschild, Wolfensohn & Co, Chairman, 1987
MEMBERSHIPS
United Nations Association of the United States of America, Director, 2000-2004
Group of Thirty, Chairman and Trustee, 2006
Trilateral Commission, Founding Member
Rockefeller Group, Member of Trust Committee
International House, Chairman of Board of Trustees
SELECTED TESTIMONY and OTHER WORK
Testimony before The U.S. House of Representatives Committee on Financial Services Washington , June 23, 2003; download here.
Public Hearings of The National Commission on the Public Service: Public Hearings on the Federal Service Day Three: The State of the Public Service, July 18, 2002; download here.
Testimony before the House Government Reform Committee, March 6, 2003; download here.
The Brooking Institution, National Commission on the Public Service, Press Briefing Transcript
Second Interim Report, The 1998 Procurement of the Humanitarian Goods Inspection Contract, March 25, 2005; download here.
Testimony before the Capital Markets, Insurance and Government Sponsored Enterprises Subcommittee of the U.S. House of Representatives, June 7, 2001; download here.
Prepared Comments on the crisis in the accounting and auditing professions, February 14, 2002, download here.
PERSONAL
Volcker grew up in Teaneck, New Jersey and graduated from Teaneck High School.
There is a book about Paul Volcker authored by Joseph Treaster titled. Paul Volcker: The Making of a Financial Legend. New York: John Wiley and Sons (ISBN 0471428124).
