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G. William Miller
George William Miller (March 9, 1925 – March 17, 2006) was an American businessman and investment banker who served as the 65th United States secretary of the treasury from 1979 to 1981. A member of the Democratic Party (United States), Democratic Party, he also served as the 11th chair of the Federal Reserve, chairman of the Federal Reserve from 1978 to 1979. Miller was the first person to hold both of those posts. President Jimmy Carter nominated him to succeed Arthur F. Burns as chairman of the Federal Reserve in 1978. Miller came from a corporation, corporate world, rather than from economics or finance, an unusual background for a central bank chairman. However, shortly after his appointment, Miller left the Board of Governors to take position of treasury secretary in the Presidency of Jimmy Carter, Carter administration, when W. Michael Blumenthal resigned. New York Fed President Paul Volcker was chosen as his successor at the Fed. Early life and career George William Mill ...
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United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the Cabinet of the United States, president's cabinet and, by law, a member of the United States National Security Council, National Security Council, and fifth in the U.S. presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the United States Senate Committee on Finance, Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate. The United States Secretary of State, secretary of state, th ...
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Bachelor Of Laws
A Bachelor of Laws (; LLB) is an undergraduate law degree offered in most common law countries as the primary law degree and serves as the first professional qualification for legal practitioners. This degree requires the study of core legal subjects and jurisprudence to provide a comprehensive understanding of the legal system and its function. The LLB curriculum is designed to impart a thorough knowledge of legal principles, legal research skills, and a sound understanding of the roles and responsibilities of lawyers within society. This degree is often a prerequisite for taking bar exams or qualifying as a practising lawyer, depending on the jurisdiction. Additionally, the LLB program also serves as a foundation for further legal education, such as a Master of Laws (LLM) or other postgraduate studies in law. Region awarded Bachelor of Laws degrees are awarded by universities in regions including Europe, Australia, China, Hong Kong, Macau, Malaysia, Bangladesh, India, Indonesia ...
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Cravath, Swaine & Moore
Cravath, Swaine & Moore LLP (known as Cravath; ) is an American white-shoe law firm headquartered in New York City. The firm has additional offices in London and Washington, D.C. History In 1854, former college classmates William H. Seward (later Abraham Lincoln's Secretary of State) and Richard M. Blatchford merged their respective law firms, forming Blatchford, Seward & Griswold. Blatchford served in the New York State Assembly, and as U.S. Minister to the State of the Church. His son, Samuel, also a partner at the firm, served as a federal district court and appeals court judge, was appointed to the United States Supreme Court, in 1882, by President Chester Arthur, serving for 11 years until his death; he was the first person to serve at all three levels of the judiciary. Seward served as both Governor and Senator from New York, supported the 1865 passing of the Thirteenth Amendment, and negotiated the 1867 purchase of Alaska from Russia in a transaction that his opponent ...
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Boalt Hall
The University of California, Berkeley School of Law (Berkeley Law) is the law school of the University of California, Berkeley. The school was commonly referred to as "Boalt Hall" for many years, although it was never the official name. This came from its initial building, the Boalt Memorial Hall of Law, named for John Henry Boalt. This name was transferred to an entirely new law school building in 1951 but was removed in 2020. In 2019, 98 percent of graduates obtained full-time employment within nine months, with a median salary of $190,000. Of all the law schools in California, Berkeley had the highest bar passage rates in 2021 (95.5%) and 2022 (92.2%). The school offers J.D., LL.M., J.S.D. and Ph.D. degrees, and enrolls approximately 320 to 330 J.D. students in each entering class, annually, with each class being further broken down into smaller groups that take courses together. Berkeley Law alumni include notable federal judges, politicians, Fortune 500 executives, not ...
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Work Projects Administration
The Works Progress Administration (WPA; from 1935 to 1939, then known as the Work Projects Administration from 1939 to 1943) was an American New Deal agency that employed millions of jobseekers (mostly men who were not formally educated) to carry out public works projects, including the construction of public buildings and roads. It was set up on May 6, 1935, by presidential order, as a key part of the Second New Deal. The WPA's first appropriation in 1935 was $4.9 billion (about $15 per person in the U.S., around 6.7 percent of the 1935 GDP). Headed by Harry Hopkins, the WPA supplied paid jobs to the unemployed during the Great Depression in the United States, while building up the public infrastructure of the US, such as parks, schools, and roads. Most of the jobs were in construction, building more than of streets and over 10,000 bridges, in addition to many airports and much housing. In 1942, the WPA played a key role in both building and staffing Internment of Japanes ...
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Hutchinson County, Texas
Hutchinson County is a county in the U.S. state of Texas. As of the 2020 census, its population was 20,617. Its county seat is Stinnett. The county was created in 1876, but not organized until 1901. It is named for Andrew Hutchinson, an early Texas attorney. Hutchinson County comprises the Borger, TX Micropolitan Statistical Area, which is also included in the Amarillo-Borger, TX Combined Statistical Area. It is located in the northern portion of the Texas Panhandle. The history of Hutchinson County is accented in downtown Borger in the Hutchinson County Historical Museum, also known as Boomtown Revisited. Hutchinson County is the county with the most ghost towns in the Texas Panhandle. History Native Americans Artifacts of the Antelope Creek Indian culture abound along the Canadian River valley in Hutchinson County. Archaeologists have found of Alibates flint in the area that was used as a quarry for shaping flint tools. Nomadic Plains Apache also camped in this area, ...
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Borger, Texas
Borger ( ) is the largest city in Hutchinson County, Texas, Hutchinson County, Texas, United States. The population was 12,551 at the 2020 United States Census, 2020 census. Borger is named for businessman Asa Philip "Ace" Borger, who also established the Hutchinson County seat of Stinnett, Texas, Stinnett and several other small towns in Texas and Oklahoma. History Ace Borger and his business partner John R. Miller purchased a townsite near the Canadian River in March 1926 after the discovery of oil in the vicinity. Within a few months, the boomtown had swollen to a population of 45,000, most lured by sensational advertising and "Petroleum, black gold". In October 1926, the city charter was adopted, and Miller was elected mayor. By this time, the Panhandle & Santa Fe Railway had completed the spur line to Borger, a post office had opened, and a school district was established. The boomtown of Borger soon had steam-generated electricity, telephone service, a hotel, and a ja ...
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Presidency Of Jimmy Carter
Jimmy Carter's tenure as the 39th president of the United States began with his inauguration on January 20, 1977, and ended on January 20, 1981. Carter, a Democrat from Georgia, took office following his narrow victory over Republican incumbent president Gerald Ford in the 1976 presidential election. His presidency ended following his landslide defeat in the 1980 presidential election to Republican Ronald Reagan, after one term in office. At the time of his death at the age of 100, he was the oldest living, longest-lived and longest-married president, and has the longest post-presidency. Carter took office during a period of " stagflation", as the economy experienced a combination of high inflation and slow economic growth. His budgetary policies centered on taming inflation by reducing deficits and government spending. Responding to energy concerns that had persisted through much of the 1970s, his administration enacted a national energy policy designed for long-term en ...
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Finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ...
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Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ...
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Corporation
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in Corporate law, law for certain purposes. Early incorporated entities were established by charter (i.e., by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through List of company registers, registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: whether they can issue share capital, stock, or whether they are formed to make a profit (accounting), profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this articl ...
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Chair Of The Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The chairman presides at meetings of the Board. The chairman serves a four-year term after being nominated by the president of the United States and confirmed by the United States Senate; the officeholder serves concurrently as a member of the Board of Governors. The chairman may serve multiple terms, subject to re-nomination and confirmation each time; William McChesney Martin (1951–1970) was the longest serving chair, with Alan Greenspan (1987–2006) a close second. neither the president nor congress of the US can dismiss a chairman before the end of a term. Jerome Powell was sworn in as chairman on February 5, 2018. He had been first nominated to the position by President Donald Trump on November 2, 2017, and confirmed by the Senate. He was nomi ...
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