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During which crisis Volcker chaired the Obama's Economic Recovery Advisory Board?

  • Banking Crisis of the 2000s

  • Subprime Mortgage Crisis

  • Pandemic

  • Climate Crisis

Answer

During the Subprime Mortgage Crisis, Paul Volcker led the Obama's Economic Recovery Advisory Board. Established in 2008, the board's mission was to provide advice and recommendations on policies to address the economic crisis. Volcker played a pivotal role in shaping the board's proposals and ensuring the government's response was effective in stabilizing the financial system and promoting economic recovery.
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