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Miller to lead Federal Reserve Board replacing Burns
Business leaders praise G William Miller 52 of Textron as Carter picks him to head the Federal Reserve Board in place of Arthur Burns Burns may step down January 31. Miller would serve a 14 year term if confirmed. Meany Clausen Shapiro AFL CIO praise Miller as capable and trusted by business community. Burns may remain on the board. Carter aims for new leadership to curb inflation and foster growth.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Washington
G. William Miller
Arthur F. Burns
Miller
Textron Inc
Providence
R.I
Boston Federal Reserve Bank
Burns
Carter
Bill Miller
Heath Larry
National Association of Manufacturers
Bank of America
A.W. Clausen
Irving S. Shapiro
The
du Pont Co
Business Roundtable
Afl-Cio
George Meany
Arthur Burns
Meany
David Lilly
Senate
Federal Reserve
White House
Charles Schultze
West
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