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Economic Czar – Paul Volcker

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Economic Czar – Paul Volcker Empty Economic Czar – Paul Volcker

Post by Admin Tue 25 Jan 2011, 9:39 pm

Economic Czar – Paul Volcker

Title: Chairman of the President’s Economic Recovery Advisory Board

Salary: Volcker reportedly isn’t paid for his advice.

Reports to: President Obama

Appointed: January 2009

Department that might have handled similar issues: Treasury

• Charged with offering independent, nonpartisan information, analysis, and advice to the President as he formulates and implements his plans for economic recovery.

• Some reports say he’s been marginalized by Larry Summers.

• Former Federal Reserve chairman (1979-1987)

• Was Undersecretary for Monetary Affairs, Department of the Treasury (1969 to 1974); Deputy Undersecretary for Monetary Affairs, Department of the Treasury (1963 to 1965)

• Gave Obama campaign $2,300 in 2008.

(SOURCE: List of Obama Czars by Glenn Beck
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