December 09, 2019

Statement from Chair Powell on the death of Paul A. Volcker

For immediate release

I am deeply saddened by the passing of Paul Volcker. He believed there was no higher calling than public service. His life exemplified the highest ideals–integrity, courage, and a commitment to do what was best for all Americans. His contributions to the nation left a lasting legacy. My colleagues and I at the Federal Reserve mourn this loss and send our condolences to his family.

For media inquiries, call 202-452-2955.

Last Update: December 09, 2019