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Keyword: ecnomicpolicy

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  • Volcker Assumes Smaller-Than-Expected Role With Obama

    04/11/2009 9:42:52 PM PDT · by TigerLikesRooster · 19 replies · 853+ views
    WSJ ^ | 04/11/09 | MONICA LANGLEY
    Volcker Assumes Smaller-Than-Expected Role With Obama By MONICA LANGLEY WASHINGTON -- As an early supporter of Barack Obama, Paul Volcker gave the young presidential candidate gravitas and advice. He frequently sat by Mr. Obama's side at key economic events, and started carrying a cellphone for the first time, just to be able to brainstorm with the candidate from the campaign trail. In the Obama White House, the role of the 81-year-old former chairman of the Federal Reserve has been more limited. The one-time central banker has been put in charge of a presidential advisory board that hasn't yet had a...