Paul Volcker — SPARQNOW

At-a-Glance

Served as the 12th Chairman of the Federal Reserve from 1979 to 1987.
Widely credited with ending high inflation in the United States through measures known as the "Volcker shock."
Served as the president of the Federal Reserve Bank of New York from 1975 to 1979.
Chaired the Economic Recovery Advisory Board under President Barack Obama from 2009 to 2011.

Biography

Paul Adolph Volcker Jr. (1927–2019) was an American economist best known for his tenure as the 12th chairman of the Federal Reserve. He held this position from 1979 to 1987, having been nominated by President Jimmy Carter and renominated by President Ronald Reagan.