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Alfred Hayes · Armchair FedWatcher · Kaleb Nygaard

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Federal Reserve History

Alfred Hayes

1956–1975

Reserve Bank PresidentWikipedia Federal Reserve History

Born

Jul 4, 1910

Died

Oct 21, 1989

Meetings at the table

248

248/316 (68 absent)

Geography

president at New York (2) · where the Board comes from

In their time

Meetings by Chair

Dissents witnessed

181

at 100 of 293 meetings

Unanimous

66%

193 of 293 meetings

Recessions

4

1957–58 · 1960–61 · 1969–70 · 1973–75

Seats held

Reserve Bank PresidentNew York1956–1975
Aug 1, 1956 – Jul 31, 1975

Before the Fed

Banker · New York Trust Company

Education

Bachelor's, Chemistry — Yale University
Master's, Economics — New College, Oxford

Terminal: Master's · economics

Dissents on the record (26)

September 10, 1974wanted tighter
January 21–22, 1974wanted tighter
December 17–18, 1973wanted tighter
February 14–15, 1972wanted tighter
January 11, 1972wanted tighter
April 6, 1971wanted tighter
October 20, 1970wanted tighter
September 15, 1970

Dissents

25 total dissents as a Governor (6 tighter / 18 easier) · rank #2 in cohort
25 total dissents as a Reserve Bank President (22 tighter / 3 easier) · rank #2 in cohort

Served alongside (606)

Chairs · 3

Arthur F. Burns1970–1975
G. William Miller1971–1975
William McChesney Martin Jr.1956–1970

Governors · 22

J. Charles Partee1969–1975
Robert C. Holland1968–1975
Philip E. Coldwell1962–1975
Lyle E. Gramley1974–1975
A.L. Mills, Jr.1956–1965

US presidents

5

Eisenhower · Kennedy · Johnson · Nixon · Ford

wanted tighter

August 18, 1970wanted tighter

February 10, 1970wanted tighter

November 26, 1968wanted tighter

October 29, 1968wanted tighter

October 8, 1968wanted tighter

September 12, 1967wanted tighter

December 13, 1966wanted easier

November 22, 1966wanted easier

May 25, 1965wanted tighter

November 10, 1964wanted tighter

December 17, 1963wanted tighter

October 1, 1963wanted tighter

June 18, 1963wanted tighter

March 26, 1963wanted tighter

December 4, 1962wanted tighter

November 13, 1962wanted tighter

April 17, 1962wanted tighter

December 16, 1958wanted easier

Andrew F. Brimmer1966–1974

C. Canby Balderston1956–1966

Charles N. Shepardson1956–1967

David M. Lilly1969–1973

G. H. King, Jr.1959–1963

George W. Mitchell1961–1975

Henry C. Wallich1974–1975

J. Dewey Daane1963–1974

James K. Vardaman, Jr.1956–1958

James L. Robertson1956–1973

Jeffrey M. Bucher1972–1975

John E. Sheehan1972–1975

M.S. Szymczak1956–1961

Oliver S. Powell1956–1957

Philip C. Jackson, Jr.1975–1975

Sherman J. Maisel1965–1972

William W. Sherrill1967–1971

Reserve Bank presidents · 32

Ernest T. Baughman1970–1975
Harold T. Patterson1960–1968
Aubrey N. Heflin1961–1973
Darryl R. Francis1959–1975
Robert P. Black1968–1975
Alfred H. Williams1956–1958
Bruce K. Maclaury1971–1975
Carl E. Allen1956–1961
Charles J. Scanlon1959–1970
David P. Eastburn1970–1975
Delos C. Johns1956–1962
Edward A. Wayne1956–1968
Eliot J. Swan1956–1972
Frank E. Morris1968–1975
Frederick L. Deming1956–1965
George H. Clay1961–1975
George H. Ellis1961–1968
H. Gavin Leedy1956–1961
Harry A. Shuford1959–1966
Hermann N. Mangels1956–1961
Hugh D. Galusha Jr.1963–1971
Hugh Leach1956–1961
John J. Balles1972–1975
Joseph A. Erickson1956–1961
Karl R. Bopp1958–1970
Malcolm H. Bryan1956–1965
Monroe Kimbrel1960–1975
Robert P. Mayo1970–1975
W. Braddock Hickman1963–1970
Watrous H. Irons1956–1968
Wilbur D. Fulton1956–1963
Willis J. Winn1962–1975

Staff · 75

Howard H. Hackley1957–1967
Merritt Sherman1958–1967
Frederic Solomon1959–1975
Daniel H. Brill1964–1968
Ralph A. Young1956–1965
Guy E. Noyes1960–1963
William F. Treiber1956–1972
Arthur W. Marget1956–1960
Ralph C. Bryant1972–1975
R. A. Young1957–1959
Tilford C. Gaines1956–1960
John B. Williams1973–1975
Thomas J. O'Connell1970–1973
S. R. Carpenter1956–1957
David C. Melnicoff1970–1973
David B. Hexter1968–1969
Eugene A. Leonard1971–1975
O. P. Wheeler1957–1959
John E. Reynolds1974–1975
M. H. Strothman, Jr.1964–1973
Stephen H. Axilrod1974–1975
Walter H. MacDonald1966–1975
Bryant Davis1973–1975
Robert N. Hilkert1958–1969
E. O. Latham1956–1972
Chester B. Feldberg1973–1973
Dale M. Lewis1966–1970
George B. Vest1956–1956
A. B. Merritt1967–1972
A. W. Mills1956–1963
Andrew F. Oehmann1974–1974
Brenton C. Leavitt1974–1975
Charles L. Hampton1974–1975
Clement A. Van Nice1974–1975
Daniel M. Doyle1974–1975
Donald S. Thompson1956–1963
E. C. Harris1956–1958
Edward A. Fink1964–1965
Edwin J. Johnson1956–1970
Gardner L. Boothe, II1956–1958
George C. Rankin1974–1975
George S. Sloan1956–1956
Guy S. Freutel1957–1958
H. Edward Hemmings1961–1966
Henry O. Koppang1956–1965
Hugh J. Helmer1962–1969
Innis D. Harris1959–1969
James A. McIntosh1971–1975
James R. Kudlinski1975–1975
Jerold E. Slocum1969–1973
John D. Hawke, Jr.1975–1975
John M. Denkler1975–1975
John R. Farrell1959–1970
John T. Boysen1966–1975
Joseph E. Kelleher1958–1972
Keith D. Engstrom1973–1975
Kyle K. Fossum1969–1975
Lawrence H. Byrne, Jr.1966–1968
Lewis M. Clark1956–1959
Liston P. Bethea1956–1957
M. H. Schwartz1963–1965
Mark H. Wiles1971–1975
Richard A. Debs1973–1975
Robert C. Masters1957–1958
Robert E. Moody, Jr.1968–1968
Robert F. Leonard1956–1958
Robert Solomon1966–1971
Ronald G. Burke1971–1974
T. W. Plant1968–1975
Theodore E. Allison1974–1975
Tynan Smith1971–1972
W. D. Gentry1956–1958
W. J. Davis1956–1957
Walter W. Kreimann1973–1975
William H. Wallace1975–1975

Reserve Bank directors · 474

J.B. Thomas1956–1958
Robert O. Anderson1960–1965
Walter M. Mitchell1956–1961
Charles F. Jones1968–1973
Dale V. Andersen1969–1973
J. McKenny Willis, Jr.1962–1964
Max A. Miller1956–1963
Sam Cooper1969–1975
Edwin J. Thomas1961–1966
Alfred E. Jordan1968–1973
Sam D. Young1956–1960
H. Lee Cooper1958–1966
A. Bruce Bowden1972–1974
A. Leonard Mott1961–1963
A.B. Freeman1956–1956
A.L. Ellis1968–1973
A.W. Riter, Jr.1969–1974
Addison H. Reese1961–1963
Alan Pifer1971–1971
Albert G. Clay1964–1972
Albert L. Nickerson1961–1971
Alden Winship Clausen1973–1975
Alexander E. Walker1956–1956
Alexander Harry Brawner1956–1959
Alexander Scott Offutt1959–1961
Alexander Warden1961–1962
Alfred W. Van Sinderen1973–1975
Alonzo G. Decker, Jr.1956–1962
Andrew L. Clark1974–1975
Arthur B. Van Buskirk1956–1961
Arthur F. Maxwell1958–1963
Arthur K. Watson1965–1969
Arthur S. Hamlin1970–1972
Arthur Werre, Jr.1959–1964
Atherton Bean1960–1965
Aubrey J. Brown1958–1963
Augustus C. Long1957–1960
B. Earl Puckett1960–1964
Bayard L. England1956–1972
Benjamin F. Sawin1963–1965
Bernard D. Broeker1973–1974
Bernard T. Rocca, Jr.1966–1971
Bert R. Prall1956–1960
Bradford Brett1966–1973
Bruce B. Dayton1971–1975
Burton L. Lohmuller1960–1968
Byron W. Reeve1966–1970
C. Graham Berwind, Jr.1971–1975
C.N. Sutton1962–1964
Caffey Robertson1956–1956
Carl D. Newton1968–1973
Carl E. Schroeder1972–1975
Carl J. Thomsen1963–1970
Carroll F. Byrd1956–1972
Cecil O. Emrich1968–1975
Cecil W. Cupp, Jr.1967–1972
Cesar J. Bertheau1960–1962
Charles A. Beaujon, Jr.1967–1969
Charles D. Lyon1966–1971
Charles E. Oakes1956–1958
Charles Edward Treman, Jr.1969–1971
Charles F. Frankland1962–1970
Charles Mose Miller1968–1973
Charles R. Dahl1972–1975
Charles R. Sharbaugh1964–1966
Charles T. Beaird1973–1975
Charles T. Undlin1974–1975
Charles W. Bitzer1957–1959
Charles Woolsey Cole1966–1968
Charles Y. Lazarus1974–1975
Charles Z. Hardwick1956–1961
Clair L. Peck, Jr.1974–1975
Clarence Albert Tatum, Jr.1967–1972
Clarence Francis1956–1958
Clifford M. Kirtland, Jr.1974–1975
Cornell C. Maier1975–1975
Craig Bachman1975–1975
Curtis B. Mateer1963–1968
Cyrus M. Higley1958–1960
D. Robert Yarnall, Jr.1965–1971
D.A. Hulcy1956–1966
Daniel W. Bell1956–1957
Darius M. Kelley1964–1966
David A. Meeker1962–1967
David C. Bevan1960–1964
David C. Wadsworth, Sr.1962–1967
David K. Cushwa, Jr.1963–1965
David L. Brumback, Jr.1970–1975
David M. Heskett1970–1975
David M. Kennedy1961–1963
David M. Smith1973–1975
David Rockefeller1973–1975
Dean A. McGee1963–1968
Dean Wallace Colvard1956–1959
Denver L. Morgan1958–1960
Dolph Simons1962–1970
Donald Comer1956–1961
Donald E. Noble1972–1975
Donald J. Hall1974–1975
Donald N. Brandin1975–1975
Donald P. Helgeson1975–1975
Douglas D. Monroe, Jr.1969–1971
E. Angus Powell1974–1975
E. Craig Wall, Sr.1972–1975
E.M. Dodds1956–1959
Edgar M. Queeny1961–1963
Edison Hobstetter1956–1957
Edward Byron Smith1970–1975
Edward J. Dwyer1967–1975
Edward J. Schnuck1970–1975
Edward N. Evans1972–1974
Edward W. Barker1971–1975
Edward W. Robinson, Jr.1972–1973
Edwin Hyde1959–1967
Edwin I. Hatch1968–1971
Edwin J. Hatch1966–1967
Edwin S. Jones1972–1974
Ellison L. Hazard1972–1972
Elvis J. Stahr1966–1968
Emerson G. Higdon1967–1972
Erwin Dain Canham1959–1967
Eugene B. Whittemore1959–1961
Eugene H. Adams1964–1969
Eugene H. Morrison1967–1969
Eugene T. Gramley1962–1964
Everett D. Reese1966–1968
Everett Needham Case1961–1968
F. Albee Flodin1956–1957
F. Evans Farwell1970–1975
Ferd I. Collins1956–1957
Floyd F. Whitmore1969–1974
Forrest F. Hill1956–1960
Francis H. Beam1960–1962
Francis Norman Southworth1974–1975
Frank C. Love1972–1975
Frank E. Agnew, Jr.1963–1965
Frank J. Welch1956–1957
Frank Junell1975–1975
Frank R. Milliken1972–1975
Frank R. Palmer1959–1964
Frank Ray Keyser, Jr.1967–1972
Franklin J. Lunding1965–1970
Franz Schneider1956–1958
Fred H. Merrill1963–1965
Fred I. Brown, Jr.1971–1975
Fred W. Gilmore1964–1967
Frederic A. Potts1960–1962
Frederic Benett Whitman1960–1965
Frederic M. Peirce1966–1973
Frederic S. Hirschler1962–1967
Frederick Steele Blackall, Jr.1956–1957
Gene D. Adams1974–1975
Geoffrey S. Smith1957–1959
George A. Murphy1965–1967
George Blanton, Jr.1965–1967
George Champion1962–1964
George F. Karch1969–1971
George P. MacNichol, Jr.1957–1959
George S. Craft1961–1966
George W. Jenkins1973–1975
Gerald D. Hines1975–1975
Gerald F. Langenohl1958–1966
Giles H. Miller, Jr.1968–1970
Gustav A. Dahlen1969–1971
H. Dail Holderness1968–1973
H. Lyle Duffey1968–1970
H.B. Zachry1959–1967
H.G. Pattillo1972–1975
H.H. Cooley1960–1962
Hal Bogle1956–1959
Harllee Branch, Jr.1956–1959
Harold A. Shaub1975–1975
Harold C. Refling1956–1966
Harold F. Still, Jr.1969–1971
Harold Ira Chandler1956–1957
Harold Kountze1956–1963
Harold N. Thomson1956–1962
Harold O. McCutchan1957–1965
Harold W. Andersen1973–1975
Harry E. Rogier1965–1965
Harry Ellsworth Umphrey1956–1958
Harry F. Harrington1963–1968
Harry M. Young, Jr.1971–1975
Harry T. Vaughn1966–1968
Harry W. Schaller1963–1968
Harvey Perley Hood, II1956–1958
Henderson Supplee, Jr.1956–1961
Henry A. Thouron1967–1970
Henry C. Alexander1959–1961
Henry Clay Hofheimer, II1972–1975
Henry G. Chalkley1956–1963
Henry P. Drought1956–1956
Herbert D. Armstrong1966–1971
Homer A. Scott1961–1966
Horace A. Shepard1969–1975
Hoskins A. Shadow1968–1973
Howard C. Petersen1966–1968
Howard C. Shepherd1956–1958
Howard M. Packard1968–1973
Howard R. Swearer1974–1975
Howard Wesley Johnson1967–1969
Hugh A. Curry1970–1972
Hugh F. Steen1969–1974
Irving A. Mathews1974–1975
J. Brenner Root1956–1956
J. Edd McLaughlin1956–1967
J. K. Palmer1956–1956
J. Milton Featherer1961–1963
J. Stuart Russell1956–1959
J. Ward Keener1968–1973
J. William Henderson, Jr.1969–1971
J.B. Perry, Jr.1960–1968
J.E. Corette1956–1960
J.E. Etherton1956–1958
J.H. Longwell1957–1964
J.V. Kelly1968–1973
Jack B. Jackson1973–1975
Jack P. Keith1972–1975
Jack Tarver1962–1967
James A. Hardison, Jr.1975–1975
James DeCamp Wise1959–1964
James E. Phillips1973–1975
James Fairfield English, Jr.1975–1975
James H. Crow, Jr.1962–1967
James Harold Hilton1960–1965
James M. Tuholski1972–1974
James McCormack1964–1964
James McNaughton Hester1965–1970
James P. Hickok1969–1971
James P. McFarland1974–1975
James R. Carter1962–1970
James Rhyne Killian, Jr.1956–1956
James S. Duesenberry1969–1974
Jay J. DeLay1974–1975
Jesse D. Wooten1958–1963
Joe W. Seacrest1956–1960
John A. Byerly1957–1959
John A. Hunter1964–1969
John A. Moorhead1958–1961
John A. O'Leary1969–1974
John A. Schoonover1956–1961
John Bosshard1967–1972
John C. Tuten1973–1974
John C. Virden1956–1956
John C. Wilson1968–1973
John D. Fredericks1961–1966
John E. Bierwirth1956–1959
John F. Nash1965–1967
John F. Spies1975–1975
John H. Bailey1969–1974
John H. Crocker1959–1967
John H. Lumpkin1973–1975
John H. Toole1965–1968
John H. Warden1958–1965
John J. Hassler1973–1975
John L. Gushman1968–1973
John Lawrence1971–1975
John M. Cheatham1960–1965
John M. Fox1968–1975
John M. Griffith1957–1962
John R. Alford1956–1959
John R. Evans1956–1956
John R. Newell1963–1965
John Royston Coleman1971–1975
John Simmen1969–1971
John T. Fey1963–1963
John T. Hackett1972–1975
John T. Oliver, Jr.1974–1975
John W. Baird1971–1973
John W. Gay1966–1971
John W. Sheldon1961–1966
Joseph B. Hall1956–1967
Joseph E. Healy1956–1957
Joseph F. Alibrandi1973–1975
Joseph F. Ringland1956–1956
Joseph H. Moore1956–1957
Joseph H. Thompson1957–1962
Joseph H. Williams1975–1975
Joseph O. Waymire1966–1971
Joseph Rosenblatt1959–1975
Joseph T. Lykes1957–1958
Joyce A. Swan1965–1968
Judson Bemis1961–1966
Kenneth H. Hannan1960–1968
Kenneth H. Peters1965–1967
Kenneth I. Guscott1974–1975
Kenneth S. Adams1956–1965
Kenneth S. Pitzer1966–1967
Kenneth V. Zwiener1964–1969
Kenton R. Cravens1957–1962
King E. Fauver1956–1958
L. Vinton Hershey1956–1961
Lamar Fleming, Jr.1957–1962
Lansing P. Shield1956–1959
Lawrence H. Martin1966–1968
Leo C. Studness1967–1969
Leo H. Schoenhofen1975–1975
Leo J. Wieck1956–1960
Leonard P. Pool1961–1966
Leslie N. Perrin1956–1959
Lester V. Chandler1956–1959
Lindley S. Hurff1956–1958
Lloyd DeWitt Brace1956–1956
Lloyd W. Kuhn1965–1967
Logan T. Johnston1963–1968
Louis Ruthenburg1956–1956
Louis Wellington Cabot1970–1975
M. Moss Alexander1956–1956
M. Vilas Hubbard1956–1965
Mark C. Wheeler1972–1974
Mark Townsend1963–1970
Marron Kendrick1965–1973
Mas Oji1972–1974
Maurice F. Granville1972–1975
Maurice R. Forman1967–1972
Max Levine1964–1969
McGregor Smith1959–1965
Melvin C. Lockard1968–1973
Merle E. Gilliand1975–1975
Milton C. Mumford1966–1971
Milton P. Higgins1956–1962
Morgan J. Davis1961–1962
Murray Kyger1964–1972
N. Loyall McLaren1957–1962
Neil G. Simpson1967–1968
Newman Edward Wait, Jr.1973–1975
Nils Yngve Wessell1957–1962
Norman Bassler1972–1974
Nugent R. Oberwortmann1956–1958
O. Albert Johnson1959–1961
Oliver B. Ellsworth1956–1958
Oliver S. Willham1956–1962
Osby L. Weir1973–1975
Oscar Bernard Jesness1956–1960
Oscar G. Mayer1973–1975
Ostrom Enders1963–1965
Otis Arnold Singletary1973–1975
Owen Cooper1970–1973
Owen Meredith Wilson1968–1975
Paul A. Warner1958–1963
Paul V. Farver1974–1975
Peter B. Clark1973–1975
Phil E. Chappell1956–1957
Philip D. Reed1959–1965
Philip Guthrie Hoffman1970–1972
Philip H. Nason1971–1973
Philip Hamm1974–1975
Philip Henry Glatfelter, III1966–1971
Philip I. Welk1956–1960
Philip J. Lee1967–1972
Pierre B. McBride1957–1962
Plato P. Pearson1974–1975
Pollard Turman1956–1960
R. Russell Pippin1957–1962
R. Stanley Laing1967–1972
Ralph A. McIninch1971–1973
Ralph A. Porter1963–1968
Ralph C. Bain1975–1975
Ralph H. Rue1963–1965
Ralph J. Voss1971–1972
Ralph K. Gottshall1963–1966
Ralph V. Arnold1966–1971
Ray H. Adkins1959–1961
Raymond C. Burroughs1974–1975
Raymond C. Lange1956–1966
Raymond E. Salvati1960–1965
Raymond Rebsamen1962–1965
Raymond W. Hall1956–1961
Reese H. Taylor1956–1958
Rene C. McPherson1973–1975
Richard A. Herbster1971–1973
Richard R. Hollington1964–1969
Robert A. Olson1960–1967
Robert C. Baker1967–1969
Robert C. Enders1967–1968
Robert C. Sprague1956–1960
Robert E. Kirby1974–1974
Robert E. McNeill, Jr.1968–1970
Robert E.L. Johnson1961–1966
Robert F. Leach1966–1969
Robert G. Cowan1966–1968
Robert Gage1957–1959
Robert H. Fearon1964–1966
Robert H. Stewart, III1973–1975
Robert Henry Strotz1974–1975
Robert J. Smith1956–1960
Robert M. Solow1975–1975
Robert O. Huffman1956–1960
Robert P. Briggs1956–1963
Robert Richardson Coker1962–1967
Robert S. Small1970–1972
Robert T. Hornbeck1974–1975
Robert T. Marsh, Jr.1964–1966
Robert T. Person1971–1975
Robert W. Lawson1967–1975
Robert W. Wagstaff1969–1974
Roger D. Knight, Jr.1970–1975
Roland L. Adams1956–1959
Roland W. Richards1964–1969
Rollin O. Bishop1962–1964
Roswell Leavitt Gilpatric1969–1975
Roy H. Johnson1972–1974
Roy Riddel1961–1963
Russ B. Hart1971–1973
S. Alfred Halgren1967–1972
S. J. Beauchamp, Jr.1956–1961
Sam I. Yarnell1973–1975
Seward D. Schooler1965–1970
Sherwood J. Smith1966–1971
Smith D. Broadbent, Jr.1965–1970
Stanley Learned1966–1971
Stanley M. Cooper1958–1959
Stewart Orton1974–1975
Stuart McCarty1975–1975
Stuart Shumate1968–1973
Thaddeus Street1967–1969
Thomas G. Harrison1956–1964
Thomas K. Smith Jr.1974–1975
Thomas L. Miller1974–1975
Thomas P. McLachlen1971–1973
Thomas William Herrick1973–1975
Tucker H. David1970–1970
Ulysses V. Goodwyn1974–1975
Vivian W. Johnson1956–1962
W. Cordes Snyder, Jr.1960–1962
W. Elbridge Brown1956–1957
W. Gordon Robertson1966–1974
W. Maxey Jarman1961–1966
W.C. Bowman1956–1960
W.L. Peterson1956–1956
Walter E. Hawkinson1956–1957
Walter E. Hoadley, Jr.1958–1965
Walter J. Cummings1956–1960
Walter K. Bailey1963–1968
Walter S. Johnson1956–1964
Warren B. Jones1974–1975
Warren C. Newton1956–1956
Warren F. Vaughan1968–1970
Weston P. Figgins1975–1975
Willard D. Hosford, Jr.1967–1972
William A. Hanley1956–1965
William A. McDonnell1956–1956
William A.L. Sibley1956–1959
William Arthur Davis1966–1968
William B. Brosius1958–1960
William B. Eagleson, Jr.1975–1975
William B. Mills1967–1972
William C. Carter1956–1961
William D. Ireland1957–1962
William Denman Eberle1970–1970
William E. Rutz1962–1967
William E. Ryan1975–1975
William E. Weigel1973–1975
William Fulton Kurtz1956–1956
William H. Davidson1967–1972
William H. Franklin1969–1974
William H. Grier1960–1966
William I. Tucker1965–1967
William J. Grede1956–1961
William J. Meinel1956–1957
William King Self1964–1968
William L. Bunten1956–1959
William M. Honey1971–1975
William M. Lockwood1959–1964
William R. Cosby1970–1972
William R. Kennedy1968–1970
William R. Robbins1960–1966
William S. Kennedy1956–1964
William S. Masland1973–1975
William S. Renchard1971–1972
William Scott Sneath1973–1975
William Webster1961–1966
Wilson Homer Elkins1963–1971
Young Frank Freeman1956–1961

Lineage

New YorkSproul1941–1956→1956–1975 · 31 days vacant before→Volcker1975–1979

Who held each seat