Science Fair Project Encyclopedia
Nicholas F. Brady
Nicholas Frederick Brady (born April 11, 1930, in New York City) was United States Secretary of the Treasury under Presidents Ronald Reagan and George H. W. Bush, and is also known for articulating the Brady Plan in March 1989.
Brady became the 68th Secretary of the Treasury on September 15, 1988. Secretary Brady was appointed as a Republican to the United States Senate from New Jersey and served from April 20, 1982 through December 27, 1982. This was to fill the vacancy caused by the resignation of Harrison A. Williams, Jr.. However, he did not seek election in 1982. During his time in the Senate he was a member of the Armed Services Committee and the Banking, Housing and Urban Affairs Committee.
In 1984 President Reagan appointed Brady to be Chairman of the President's Commission on Executive, Legislative and Judicial Salaries. He has also served on the President's Commission on Strategic Forces (1983), the National Bipartisan Commission on Central America (1983), the Commission on Security and Economic Assistance (1983), and the Blue Ribbon Commission on Defense Management (1985). Most recently, Secretary Brady chaired the Presidential Task Force on Market Mechanisms (1987).
Secretary Brady's career in the Banking industry spans 34 years. He joined Dillon, Read and Company , Inc. in New York in 1954, rising to Chairman of the Board. He has been a Director of the NCR Corporation, the MITRE Corporation , and the H.J. Heinz Company, among others.
He has also served as a trustee of Rockefeller University and a member of the Board of the Economic Club of New York . He is a member of the Council on Foreign Relations, Inc. He is a former trustee of the Boys' Club of Newark .
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| width="30%" |Preceded by:
James Baker | width="40%" style="text-align: center;" |United States Secretary of the Treasury
1988–1993 | width="30%" |Succeeded by:
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