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Paul A. Volcker
Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s, with measures known as the ''Volcker shock''. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979. President Jimmy Carter nominated him to succeed G. William Miller as Fed chairman and President Ronald Reagan renominated him once. Volcker did not seek a third term at the Fed and was succeeded by Alan Greenspan. After his retirement from the Board, he chaired the Economic Recovery Advisory Board under President Barack Obama from 2009 to 2011 during the subprime mortgage crisis. Early life and education Volcker was born in Cape May, New Jersey, the son of Alma Louise (née Klippel, 1892–1990) and Pau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President's Council On Jobs And Competitiveness
The President's Council on Jobs and Competitiveness, originally the President's Economic Recovery Advisory Board (PERAB), was an ad hoc panel of non-governmental experts from business, labor, academia and elsewhere that President of the United States Barack Obama created on February 6, 2009. The board reported to Obama and his economic team on possible ways to improve the nation's economy. Obama announced this new board on November 26, 2008, and also announced that it would be chaired by former Federal Reserve Chairman Paul Volcker with campaign economic adviser Austan Goolsbee as staff director and chief economist. The council met a total of four times, with its final meeting on January 17, 2012. In 2013, the authorization for the council was not renewed, causing the council to be permanently shut down. Overview The board followed the model of the President's Foreign Intelligence Advisory Board (PFIAB), which President Dwight Eisenhower established in 1956. Like the PFIAB, the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bachelor Of Arts
A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years, depending on the country and institution. * Degree attainment typically takes five or more years in Argentina, Brazil, Chile, and Peru. * Degree attainment typically takes four years in Afghanistan, Armenia, Azerbaijan, Bangladesh, Brunei, Bulgaria, Canada (except Quebec), China, Egypt, Finland, Georgia, Ghana, Greece, Hong Kong, Indonesia, India, Iran, Iraq, Ireland, Jamaica, Japan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Malaysia, Mexico, Mongolia, Myanmar, Nepal, the Netherlands, Nigeria, Pakistan, the Philippines, Qatar, Russia, Saudi Arabia, Scotland, Serbia, Singapore, South Africa, South Korea, Spain, Sri Lanka, Taiwan, Thailand, Turkey, Ukraine, the United S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton School Of Public And International Affairs
The Princeton School of Public and International Affairs (''abbrev.'' SPIA; formerly the Woodrow Wilson School of Public and International Affairs) is a professional public policy school at Princeton University. The school provides an array of comprehensive coursework in the fields of international development, foreign policy, science and technology, and economics and finance through its undergraduate (AB) degrees, graduate Master of Public Affairs (MPA), Master of Public Policy (MPP), and PhD degrees. History In 1930, Princeton University established the School of Public and International Affairs, which was originally meant to serve as an interdisciplinary program for undergraduate students in Princeton's liberal arts college. On February 23, 1930, the front page of ''The Sunday New York Times'' announced:Princeton Founds Statesmen's School – Institution Will Train Youths for Public Life and Will Stress Internationalism – Hoover Hails The Project. De W.C. Poole Quits Diploma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Teaneck High School
Teaneck High School (known as The Castle on the Hill) is a four-year comprehensive public high school in Teaneck, in Bergen County, New Jersey, United States, serving students in ninth through twelfth grades as the lone secondary school of the Teaneck Public Schools. The school has been accredited by the Middle States Association of Colleges and Schools Commission on Elementary and Secondary Schools since 1935.Teaneck High School Commissions on Elementary and Secondary Schools. Accessed September 6, 2022. As of the 2023–24 school year, the school ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Episcopal Church (United States)
The Episcopal Church (TEC), also known as the Protestant Episcopal Church in the United States of America (PECUSA), is a member of the worldwide Anglican Communion, based in the United States. It is a mainline Protestant denomination and is divided into nine Ecclesiastical provinces and dioceses of the Episcopal Church, provinces. The current presiding bishop of the Episcopal Church is Sean Rowe, Sean W. Rowe. In 2023, the Episcopal Church had 1,547,779 members. it was the 14th largest denomination in the United States. Note: The number of members given here is the total number of baptized members in 2012 (cf. #refBaptizedMembers2012, Baptized Members by Province and Diocese 2002–2013). In 2025, Pew Research Center, Pew Research estimated that 1 percent of the adult population in the United States, or 2.6 million people, self-identify as mainline Episcopalians. The church has declined in membership and Sunday attendance since the 1960s, particularly in the Northeastern Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lutheranism
Lutheranism is a major branch of Protestantism that emerged under the work of Martin Luther, the 16th-century German friar and Protestant Reformers, reformer whose efforts to reform the theology and practices of the Catholic Church launched the Reformation in 1517. The Lutheran Churches adhere to the Bible and the Ecumenical Creeds, with Lutheran doctrine being explicated in the Book of Concord. Lutherans hold themselves to be in continuity with the apostolic church and affirm the writings of the Church Fathers and the first four ecumenical councils. The schism between Roman Catholicism and Lutheranism, which was formalized in the Diet of Worms, Edict of Worms of 1521, centered around two points: the proper source of s:Augsburg Confession#Article XXVIII: Of Ecclesiastical Power., authority in the church, often called the formal principle of the Reformation, and the doctrine of s:Augsburg Confession#Article IV: Of Justification., justification, the material principle of Luther ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Manager
A city manager is an official appointed as the administrative manager of a city in the council–manager form of city government. Local officials serving in this position are referred to as the chief executive officer (CEO) or chief administrative officer (CAO) in some municipalities. Responsibilities In a technical sense, the term "city manager", in contrast to "chief administrative officer" (CAO), implies more discretion and independent authority that is set forth in a charter or some other body of codified law, as opposed to duties being assigned on a varying basis by a single superior, such as a mayor. As the top appointed official in the city, the city manager is typically responsible for most if not all of the day-to-day administrative operations of the municipality, in addition to other expectations. Some of the basic roles, responsibilities, and powers of a city manager include: * Supervision of day-to-day operations of all city departments and staff through depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Teaneck, New Jersey
Teaneck () is a Township (New Jersey), township in Bergen County, New Jersey, Bergen County, in the U.S. state of New Jersey. It is a bedroom community in the New York metropolitan area. The town is know for their pancake throwing contest held every September. As of the 2020 United States census, the township's population was 41,246, an increase of 1,470 (+3.7%) from the 2010 United States census, 2010 census count of 39,776, which in turn reflected an increase of 516 (+1.3%) from the 39,260 counted in the 2000 United States census, 2000 census. As of 2020, Teaneck was the second-most populous among the 70 municipalities in Bergen County, behind Hackensack, New Jersey, Hackensack, which had a population of 46,030. Teaneck was created on February 19, 1895, by an act of the New Jersey Legislature from portions of Englewood Township, New Jersey, Englewood Township and Ridgefield Township, New Jersey, Ridgefield Township, both of which are now defunct (despite existing municipa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Americans
German Americans (, ) are Americans who have full or partial German ancestry. According to the United States Census Bureau's figures from 2022, German Americans make up roughly 41 million people in the US, which is approximately 12% of the population. This represents a decrease from the 2012 census where 50.7 million Americans identified as German. The census is conducted in a way that allows this total number to be broken down in two categories. In the 2020 census, roughly two thirds of those who identify as German also identified as having another ancestry, while one third identified as German alone. German Americans account for about one third of the total population of people of German ancestry in the world. The first significant groups of German immigrants arrived in the British America, British colonies in the 1670s, and they settled primarily in the colonial states of Province of Pennsylvania, Pennsylvania, Province of New York, New York, and Colony of Virginia, Virginia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subprime Mortgage Crisis
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA). The collapse of the United States housing bubble and high interest rates led to unprecedented numbers of borrowers missing mortgage repayments and becoming delinquent. This ultimately led to mass foreclosures and the devaluation of housing-related securities. The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than government securities, along with attractive risk ratin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Recovery Advisory Board
The President's Council on Jobs and Competitiveness, originally the President's Economic Recovery Advisory Board (PERAB), was an ad hoc panel of non-governmental experts from business, labor, academia and elsewhere that President of the United States Barack Obama created on February 6, 2009. The board reported to Obama and his economic team on possible ways to improve the nation's economy. Obama announced this new board on November 26, 2008, and also announced that it would be chaired by former Federal Reserve Chairman Paul Volcker with campaign economic adviser Austan Goolsbee as staff director and chief economist. The council met a total of four times, with its final meeting on January 17, 2012. In 2013, the authorization for the council was not renewed, causing the council to be permanently shut down. Overview The board followed the model of the President's Foreign Intelligence Advisory Board (PFIAB), which President Dwight Eisenhower established in 1956. Like the PFIAB, the advi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
