plus money-saving tips with our free twice-daily newsletter Sign up Paul Adolph Volcker Jr was born in New Jersey in 1927. He was the grandson of a German immigrant tea and coffee salesman.

Paul A. Volcker was chairman of the board of governors of the Federal Reserve System from 1979 to 1987 and was credited with a leading role in ending a period of high and rising inflation and ...

Named after Paul Volcker, the Federal Reserve Chairman who attacked inflation in the 1980s, the so-called "Volcker rule" aimed to restrict banks from speculative trading. The Volcker rule is named ...