Paul A. Volcker worked in the United States Federal Government for almost thirty years, culminating in two terms as chairman of the Board of Governors of the Federal Reserve System from 1979-1987. Earlier he served as Undersecretary of the Treasury for Monetary Affairs and president of the Federal Reserve Bank of New York. Since leaving the Federal Reserve Mr. Volcker continued his public service: as chairman of the Volcker Alliance; as head of President Obama's Economic Recovery Advisory Board; chair of the investigation of the UN's Oil-for-Food program; and head of the committee formed by Swiss and Jewish organizations to investigate deposit accounts and other assets in Swiss banks of victims of Nazi persecution and to arrange for their disposition. Educated at Princeton, Harvard, and the London School of Economics, Mr. Volcker was a recipient of honorary doctorates from each of his 'alma maters,' as well as a number of other American and foreign universities.
The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point. As chairman of the Feder...[SEE MORE]