Word: volckerism
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...Chairman of the Federal Reserve Board, Paul A. Volcker has grown accustomed to the instant impact his public statements have on the world's economic markets. But when Volcker takes center-stage for today's Commencement ceremony, he will be only an average-sized star in an effulgent galaxy of past luminaries...
Regardless, the stage is now set fore Volcker, who last week said he would address either "considerations of long range economic policy" or "the way government works...
...Paul A. Volcker stayed the course...
...host of senators, congressmen, and cabinet secretaries who grab the media spotlight. Harvard's 334th Commencement speaker has often been called the second most powerful man in Washington. Appointed by President Jimmy Carter in 1979 and named to a second four-year term by President Reagan in 1983. Volcker enjoys a degree of autonomy shared by no other government official...
...recent years the name of the main Commencement speaker, who is traditionally chosen from among the honorands, has been made public months in advance. Harvard announced in April that Volcker will deliver the main address during this Thursday afternoon in Tercentenary Theater...