Peter Peterson Guide, Meaning , Facts, Information and Description
Peter George Peterson was prominent in the politics and economics of the United States in the late 20th century and early 21st century.In 1971, Peter Peterson was named Assistant to the President for International Economic Affairs by US President Richard Nixon.
In 1972, he was subsequently named as the United States Secretary of Commerce. At that time he also assumed the Chairmanship of President Nixon’s National Commission on Productivity and was appointed U.S. Chairman of the U.S.–Soviet Commercial Commission, which negotiated comprehensive trade, Ex-Im credit, arbitration, copyright, and lend-lease agreements.
In February of 1994, President Bill Clinton named Peterson as a member of the Bi-Partisan Commission on Entitlement and Tax Reform co-chaired by Senators Bob Kerrey and John Danforth.
Peterson is currently Chairman of the Council on Foreign Relations, and founding Chairman of the Institute for International Economics (Washington, DC).
Peterson also serves as Co-Chair of The Conference Board Commission on Public Trust and Private Enterprises (Co-Chaired by John Snow, currently United States Secretary of the Treasury). He was also Chairman of the Federal Reserve Bank of New York from 2000 to 2004. He is married to Joan Ganz Cooney.
Prior to founding the Blackstone Group, Peterson was Chairman and CEO of Lehman Brothers (1973–1977) and later Chairman and CEO of Lehman Brothers, Kuhn, Loeb Inc. (1977–1984). He was Chairman and CEO of Bell and Howell Corporation from 1963 to 1971.
He should not be confused with former Florida Congressman and ambassador to Vietnam Pete Peterson.
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