Anthony M. Solomon
Encyclopedia
Anthony Morton Solomon was Undersecretary of the Treasury for Monetary Affairs during the Carter
Jimmy Carter
James Earl "Jimmy" Carter, Jr. is an American politician who served as the 39th President of the United States and was the recipient of the 2002 Nobel Peace Prize, the only U.S. President to have received the Prize after leaving office...

 administration, and President of the Federal Reserve Bank of New York
Federal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,...

 between 1980 and 1984. His affiliation with government service began with an appointment by President Franklin Roosevelt to be a consultant on economic affairs in Iran. When he was drafted into the Army, a letter from the President's office excused him. He left Iran to pursue his PhD in Economics at Harvard. Under John F. Kennedy
John F. Kennedy
John Fitzgerald "Jack" Kennedy , often referred to by his initials JFK, was the 35th President of the United States, serving from 1961 until his assassination in 1963....

 he headed an economic group scouting the Trust Territory of Micronesia in the early 1960s.

Biography

Born in Arlington, New Jersey, Solomon was educated at the University of Chicago
University of Chicago
The University of Chicago is a private research university in Chicago, Illinois, USA. It was founded by the American Baptist Education Society with a donation from oil magnate and philanthropist John D. Rockefeller and incorporated in 1890...

, receiving an B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 in economics in 1941. He later received his masters and doctorate degrees from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

 in, respectively, 1948 and 1950.

He served as Assistant Secretary of State for Economic Affairs in the Johnson
Lyndon B. Johnson
Lyndon Baines Johnson , often referred to as LBJ, was the 36th President of the United States after his service as the 37th Vice President of the United States...

 administration between 1965 and 1969, and again as Undersecretary of the Treasury for Monetary Affairs from 1977 to 1980. During the Carter administration he helped organize the freezing of Iranian assets following Ayatollah Ruhollah Khomeini's overthrow of Shah Mohammad Reza Pahlavi.

He was appointed President of the Federal Reserve Bank of New York on January 21, 1980.

Solomon was a major donor to the Peterson Institute in 2006. He died of kidney failure on January 18, 2008.

External links

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