QUESTIONS:
1. U.S. Solicitor General Ted Olson has been mentioned for the next vacancy on the Supreme Court. Who was the last solicitor general to have been nominated to the U.S. Supreme Court?
2. Alan Greenspan, who has been chairman of the Federal Reserve Board since 1987, appears headed for nomination to another term. Who is the only Fed chairman to have served longer than Greenspan?
3. Who was the last Fed chairman to resign the post to enter the President's Cabinet?
4. Who was the first chairman of the Federal Reserve Board?
5. Prior to being named Fed chairman, what other powerful economic position in government did Greenspan hold?
ANSWERS:
1. Robert H. Bork, who was nominated to the Supreme Court by President Reagan in 1987, but denied confirmation by the U.S. Senate on a 56-to-40 vote with 4 senators undecided.
2. William McChesney Martin, chairman from 1950-70.
3. G. William Miller, who resigned as Fed chairman in 1979 to become Jimmy Carter's secretary of the treasury.
4. William Gibbs McAdoo, who served simultaneously as secretary of the treasury and Fed chairman from 1913-18.
5. He was chairman of the President's Council on Economic Advisors from 1974-77.
