Economic

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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