Carter names Paul Volcker to lead Federal Reserve Board
President Carter nominates Paul A. Volcker former Treasury official and New York Fed president to succeed G. William Miller as Fed chair. Volcker, 51, has long experience in monetary policy and international finance and must win Senate approval.
MENTIONED IN THIS ARTICLE
Washington
Carter
Paul A. Volcker
Treas
New York Federal Reserve Bank
Federal Reserve Board
White House
Jody Powell
G. William Miller
Volcker
Miller
W. Michael Blumenthal
Treasury
The
Fed
Senate
Nixon
Federal Reserve
Federal Reserve Bank of New York
Federal Reserve System
New York
Senate Finance Committee
Residents Press Virginia Officials on Heating and Energy
In a Lord Fairfax Community College open meeting Governor Dalton and cabinet heard Virginia residents urge energy relief and yearned for funding to support developmental programs for children like Rebecca born with a spinal defect. They faced inflation, heating costs, and scarce energy resources amid questions on road spending and nuclear waste transportation.
MENTIONED IN THIS ARTICLE
Star
Dalton
Charles Rabb
Marshall Coleman
Virginia
Lord Fairfax Community College
Carter
Coleman
Barbara Shay
Frederick County Taxpayers Association
Managua under curfew after gunmen killings raise alarms
The revolutionary junta said safety could not be guaranteed on streets after 7 p.m. amid shooting by pro Somoza gunmen. Reports of violence surged as Anastasio Somoza’s forces pushed refugees from the Red Cross center.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Anagua
Anastasio Somoza
Red Cross
Sinai Withdrawal Deepens Egypt Reclaiming Sinai Peninsula
Cairo AP reports Israel returns 2400 square miles of Sinai to Egypt at Abu Rudeis marking the second of five planned withdrawals under the 1979 peace treaty. Egypt regains a 75 mile west coast strip, paving way for Ben El Arish and key oil sites to revert to Egyptian control.
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Cairo
Egypt
Israel
Sinai Penin
Abu Rudeis
Gulf of Suez
el Arish
U.N
Kurt Waldheim
New York
Sinai
United States
Suez
Umm Bugma
Prime-Time News Conference Tonight Shapes Carter Shake-Up
President Carter plans a prime-time broadcast to counter claims of an internal power shift led by chief of staff Hamilton Jordan. He pushes back on media exaggeration while aides arrange briefings with foreign reporters to defend policy stability, and discuss tax moves and cabinet picks including housing secretary options Moon Landrieu Neil Goldschmidt and Tom Bradley.
MENTIONED IN THIS ARTICLE
Washington
House
United States
Mendel Davis
D-S.c
Robert Dornan
Calif
Ronald Motts
Ohio
Mott
Carter
Hamilton Jordan
Saype
Joran
Hamilton
Jordan
Jody Powell
Gerald Rafshoon
Treasury
W. Michael Blumenthal
G. William Miller
U.S
Bangladesh Airliner Hijacked to Calcutta After Ransom Demands
An aircraft with 38 hostages was hijacked by three men crossing from East Pakistan into India. The hijackers threatened to kill hostages one by one unless a 1 million dollar ransom is paid. One hostage, a Bangladesh parliament member, and the tourism corporation chairman were aboard.
MENTIONED IN THIS ARTICLE
Calcutta
India
Bangladesh
Bangladesh Tourism Corporation
Biman Airlines
En Eiges
Spe
Atizur Rahman
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Volcker Iss
George M. Stoddart
Stephen Fogg
Frederick County Board of Supervisors
Roger Koontz
Thomas Malcolm
John Dalton
Charles Robbrt
Inside Today
Winchester
Frederick South
Eseemenree
Abby
Sinai Peninsula
Anwar Sadat
Menachem Begin
Cyrus Vance
Soviet Union
U.N. Truce Supervision Organization
Lebanon
Syria
Oet
Ite House
Russell Long
D-La
Sve Samy
Housing and Urban Development
New Orleans
Moon Landrieu
Neil Goldschmidt
Portland
Ore
Tom Bradley
Los Angeles
Landrieu
Long
Rongeland
Pons Inseriort
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