Frederick H. Schultz

Frederick Henry Schultz (January 16, 1929 November 23, 2009) was an American businessman, politician, and central banker. He served as the Vice Chairman of the Federal Reserve System under United States President Jimmy Carter. Schultz also served as Speaker of the Florida House of Representatives in 1969 and 1970.[1]

Fred Schultz
Vice Chair of the Federal Reserve
In office
July 27, 1979  February 11, 1982
PresidentJimmy Carter
Ronald Reagan
Preceded byStephen Gardner
Succeeded byPreston Martin
Member of the Federal Reserve Board of Governors
In office
July 27, 1979  February 11, 1982
PresidentJimmy Carter
Ronald Reagan
Preceded byPhilip Jackson
Succeeded byPreston Martin
Speaker of the Florida House of Representatives
In office
1968–1970
Preceded byRalph Turlington
Succeeded byDick Pettigrew
Personal details
Born
Frederick Henry Schultz

(1929-01-16)January 16, 1929
Jacksonville, Florida, U.S.
DiedNovember 23, 2009(2009-11-23) (aged 80)
Jacksonville, Florida, U.S.
Political partyDemocratic
Spouse(s)Nancy
Children4
EducationPrinceton University (BA)
University of Florida (LLB)

Early life and education

Schultz graduated with an A.B. in history from Princeton University in 1951 after completing a senior thesis titled "A History of the Greyhound Corporation."[2] Schultz served as an artillery officer in the United States Army during the Korean War from 1952 to 1954, and was awarded the Bronze Star. Schultz later attended the University of Florida College of Law, graduated with his law degree in 1956.[1]

Career

Schultz was elected in Jacksonville and served in the Florida House of Representatives from 1963 to 1970; his last two years as Speaker. President Jimmy Carter appointed him to the Board of Governors in 1979 and he was Vice Chairman for the Federal Reserve System until 1982. In addition, he also served as Chairman of the Florida Institute of Education from 1983 to 1987.[3]

On November 23, 2009, Schultz died of Prostate cancer at his Jacksonville home at age 80.[1]

References

  1. Jacksonville civic leader Schultz dies The Florida Times-Union (Jacksonville)
  2. Schultz, Frederick Henry (1951). "A History of the Greyhound Corporation". Cite journal requires |journal= (help)
  3. Federal Reserve Info Archived February 18, 2012, at the Wayback Machine
Government offices
Preceded by
Stephen Gardner
Vice Chair of the Federal Reserve
1979–1982
Succeeded by
Preston Martin
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