Author Topic: I expected more czars  (Read 163 times)

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Offline Questor

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I expected more czars
« on: November 12, 2009, 09:39:38 AM »
Well, by golly, at least one of the czars has something to do with the economy. Doesn't look like a serious effort, though. There is no jobs czar, as far as I can tell, nor a business expansion czar, nor a national prosperity czar.

11. Economic Czar * - Paul Volcker

Title: Chairman of the President's Economic Recovery Advisory Board
Salary: Volcker reportedly isn't paid for his advice.
Reports to: President Obama
Appointed: January 2009
Department that might have handled similar issues: Treasury

• Charged with offering independent, nonpartisan information, analysis, and advice to the President as he formulates and implements his plans for economic recovery.
• Some reports say he's been marginalized by Larry Summers.
• Former Federal Reserve chairman (1979-1987)
• Was Undersecretary for Monetary Affairs, Department of the Treasury (1969 to 1974); Deputy Undersecretary for Monetary Affairs, Department of the Treasury (1963 to 1965)
• Gave Obama campaign $2,300 in 2008.

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