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Who did President Jimmy Carter nominate for Volcker to succeed as Fed Chairman?

  • G. William Miller

  • George P. Shultz

  • Walter W. Heller

  • Herbert Stein

Answer

G. William Miller succeeded Volcker as the Chairman of the Federal Reserve after being nominated by President Jimmy Carter. He served from August 6, 1979, to March 6, 1987. Prior to his appointment, Miller held various positions in business and government, including chairing Textron and serving as the Secretary of the Treasury under President Carter.
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