When did Paul Volcker became the Federal Reserve chairperson in 1979?
When did Paul Volcker became the Federal Reserve chairperson in 1979?
Volcker became chairman of the Board of Governors of the Federal Reserve System on August 6, 1979. He was reappointed for a second term on August 6, 1983, and served until August 11, 1987. Volcker was born in 1927 in Cape May, New Jersey.
Who was the chairman of the US Federal Reserve from 1987 to 2006?
Alan Greenspan
Alan Greenspan served five terms as chairman of the Board of Governors of the Federal Reserve System. He originally took office as chairman on August 11, 1987, to fill an unexpired term as a member of the Board of Governors. His last term ended on January 31, 2006.
Who was the head of the Federal Reserve bank in 2008?
Ben Bernanke is a former Federal Reserve chair, serving from 2006 to 2014. As Fed chair, Bernanke oversaw the central bank’s response to the 2008 financial crisis and the Great Recession. Bernanke succeeded Alan Greenspan and was replaced by Janet Yellen.
Who was Fed chair before Powell?
Janet L. Yellen took office as chair of the Board of Governors of the Federal Reserve System in February 2014, for a four-year term ending February 3, 2018. She was succeeded by Jerome Powell.
When did Paul Volcker leave the Fed?
1987
After leaving the Federal Reserve in 1987, he became chairman of the prominent New York investment banking firm, Wolfensohn & Co., a corporate advisory and investment firm run by James D. Wolfensohn (who later became President of the World Bank).
Who was before Greenspan?
Paul Volcker
Alan Greenspan | |
---|---|
President | Ronald Reagan George H. W. Bush Bill Clinton George W. Bush |
Preceded by | Paul Volcker |
Succeeded by | Ben Bernanke |
10th Chair of the Council of Economic Advisers |
Who was Fed chair before Jerome Powell?
Janet L. Yellen
Janet L. Yellen took office as chair of the Board of Governors of the Federal Reserve System in February 2014, for a four-year term ending February 3, 2018. She was succeeded by Jerome Powell.
Who was the Fed chairman after Greenspan?
Ben Bernanke
Ben Bernanke replaced Alan Greenspan as Chairman of the Fed when he was appointed in 2006.
Who was the Federal Reserve chairman in the 2000’s discuss his comments viewpoints about the recession at that time?
Before his appointment as chairman of the Board of Governors, Bernanke was chairman of the President’s Council of Economic Advisers, from June 2005 to January 2006. As chairman of the Board, Bernanke led the Federal Reserve’s response to the financial crisis of 2006–10 and Great Recession.
Who was previous Fed chairman?
Thomas B. McCabe (1948-1951): 8.3% Alan Greenspan (1987-2006): 4.7% Jerome Powell (2018- ): 4.4%
Who was the last chairman of the Federal Reserve?
Jerome H. Powell
Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.