Federal Reserve Board Chairman Nomination
President Ronald Reagan announced that Paul Volcker would be stepping down from the Federal Reserve Board and would nominate Alan Greenspan as his replacement. Paul Volcker, Alan Greenspan and James Baker answered questions from reporters.
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- James A. Baker III Secretary Department of the Treasury
- Alan Greenspan Chair Federal Reserve->Board of Governors
- Ronald Reagan U.S. President [R] United States
- Paul A. Volcker Chair Federal Reserve->Board of Governors
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