Anthony Morton Solomon (December 27, 1919 – January 15, 2008) was Undersecretary of the Treasury for Monetary Affairs during the

Carter Carter(s), or Carter's, Tha Carter, or The Carter(s), may refer to: Geography United States * Carter, Arkansas, an unincorporated community * Carter, Mississippi, an unincorporated community * Carter, Montana, a census-designated place * Carter ...

administration, and President of the Federal Reserve Bank of New York between 1980 and 1984.

Early life and education

Born in

Arlington, New Jersey Arlington is a neighborhood in Kearny in the western part of Hudson County, New Jersey, United States. Kearny Riverbank Park runs along the neighborhood's Passaic River shore. Arlington Memorial Park cemetery is located on Schuyler Avenue. The ...

, Solomon was educated at the

University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...

, receiving a

B.A. Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four yea ...

in economics in 1941. He later received his masters and doctorate degrees from

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...

in, respectively, 1948 and 1950.

Career

Solomon‘S affiliation with government service began with an appointment by

President Franklin Roosevelt Franklin Delano Roosevelt (; ; January 30, 1882April 12, 1945), often referred to by his initials FDR, was an American politician and attorney who served as the 32nd president of the United States from 1933 until his death in 1945. As the ...

to be a consultant on economic affairs in Iran. When he was drafted into the Army, a letter from the President's office excused him. Under

John F. Kennedy John Fitzgerald Kennedy (May 29, 1917 – November 22, 1963), often referred to by his initials JFK and the nickname Jack, was an American politician who served as the 35th president of the United States from 1961 until his assassination ...

he headed an economic group scouting the Trust Territory of Micronesia in the early 1960s. Solomon served as Assistant Secretary of State for Economic Affairs in the

Johnson Johnson is a surname of Anglo-Norman origin meaning "Son of John". It is the second most common in the United States and 154th most common in the world. As a common family name in Scotland, Johnson is occasionally a variation of ''Johnston'', a ...

administration between 1965 and 1969, and again as Undersecretary of the Treasury for Monetary Affairs from 1977 to 1980. During the Carter administration he helped organize the freezing of Iranian assets following Ayatollah Ruhollah Khomeini's overthrow of Shah Mohammad Reza Pahlavi. He was appointed President of the Federal Reserve Bank of New York on January 21, 1980.

Personal life

Solomon was a major donor to the

Peterson Institute The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...

in 2006. He died of

kidney failure Kidney failure, also known as end-stage kidney disease, is a medical condition in which the kidneys can no longer adequately filter waste products from the blood, functioning at less than 15% of normal levels. Kidney failure is classified as eit ...

on January 18, 2008.

References

External links

Anthony M. Solomon
at the Federal Reserve Bank of New York website * * * 1919 births 2008 deaths 20th-century American economists Deaths from kidney failure Economists from New Jersey Economists from New York (state) Federal Reserve Bank of New York presidents Harvard University alumni People from Kearny, New Jersey University of Chicago alumni {{US-economist-stub