Anthony Solomon | |
|---|---|
| President of the Federal Reserve Bank of New York | |
| In office January 21, 1980 – December 31, 1984 | |
| Preceded by | Paul Volcker |
| Succeeded by | E. Gerald Corrigan |
| Personal details | |
| Born | Anthony Morton Solomon December 27, 1919 Arlington, New Jersey, U.S. |
| Died | January 15, 2008 (aged 88) New York City, New York, U.S. |
| Spouse | Constance Kaufman |
| Education |
University of Chicago (
BA) Harvard University ( MA, PhD) |
Anthony Morton Solomon (December 27, 1919 – January 15, 2008) was Undersecretary of the Treasury for Monetary Affairs during the 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, Solomon was educated at the University of Chicago, receiving a B.A. in economics in 1941. He later received his masters and doctorate degrees from Harvard University in, respectively, 1948 and 1950.
Career
Solomon‘s affiliation with government service began with an appointment by President Franklin Roosevelt 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 he headed an economic group scouting the Trust Territory of Micronesia in the early 1960s. [1]
Solomon served as Assistant Secretary of State for Economic Affairs in the Johnson 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. [2]
He was appointed President of the Federal Reserve Bank of New York on January 21, 1980. [3]
Personal life
Solomon was a major donor to the Peterson Institute in 2006. [4] He died of kidney failure on January 18, 2008. [2]
References
- ^ Schudel, M. (27 January 2008.) Anthony M. Solomon, 88; Adviser to 3 presidents on world economics. Washington Post.
- ^
a
b Hevesi, Dennis (January 19, 2008).
"Anthony Solomon, Finance Policy Maker, Is Dead at 88".
The New York Times. Retrieved 2009-08-20.
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York and an influential behind-the-scenes financial policy maker in three presidential administrations and at the World Bank, died Friday at his home in Manhattan. He was 88. The cause was kidney failure, his son, Adam, said.
- ^ Bennett, Robert A. (1980-01-22). "Federal Reserve Names Solomon New York Chief". The New York Times.
- ^ "Institute for International Economics renamed in honour of founding chairman Peter G. Peterson" (PDF). The Peterson Institute. 2006-10-24.
External links
- Anthony M. Solomon at the Federal Reserve Bank of New York website
- "Anthony M. Solomon". JSTOR.
- George De Menil; Anthony M. Solomon (1983). Economic summitry. Council on Foreign Relations. ISBN 9780876090046.
- Anthony M. Solomon (1987). The dollar, debt, and the trade deficit. New York University Press. ISBN 978-0-8147-7863-0.
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- 1919 births
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- 20th-century American economists
- Deaths from kidney failure in the United States
- Economists from New Jersey
- Economists from New York (state)
- Federal Reserve Bank of New York presidents
- Harvard University alumni
- People from Kearny, New Jersey
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