Frederick Henry Schultz (January 16, 1929 – November 23, 2009) was an American businessman and politician who served as the 11th Vice Chair of the Federal Reserve from 1979 to 1982. He served as the

speaker of the Florida House of Representatives The speaker is the presiding member of the Florida House of Representatives. The Speaker and his staff provide direction and coordination to employees throughout the House and serve the members in carrying out their constitutional responsibilitie ...

from 1968 to 1970.Jacksonville civic leader Schultz dies
The Florida Times-Union (Jacksonville)

Early life and education

Schultz graduated with an A.B. in history from

Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...

in 1951 after completing a senior thesis titled "A History of the Greyhound Corporation." Schultz served as an artillery officer in the

United States Army The United States Army (USA) is the land service branch of the United States Armed Forces. It is one of the eight U.S. uniformed services, and is designated as the Army of the United States in the U.S. Constitution.Article II, section 2, cla ...

during the

Korean War , date = {{Ubl, 25 June 1950 – 27 July 1953 (''de facto'')({{Age in years, months, weeks and days, month1=6, day1=25, year1=1950, month2=7, day2=27, year2=1953), 25 June 1950 – present (''de jure'')({{Age in years, months, weeks a ...

from 1952 to 1954, and was awarded the

Bronze Star The Bronze Star Medal (BSM) is a United States Armed Forces decoration awarded to members of the United States Armed Forces for either heroic achievement, heroic service, meritorious achievement, or meritorious service in a combat zone. Wh ...

. Schultz later attended the University of Florida College of Law, graduated with his law degree in 1956.

Career

Schultz was elected in Jacksonville and served in the

Florida House of Representatives The Florida House of Representatives is the lower house of the Florida Legislature, the state legislature of the U.S. state of Florida, the Florida Senate being the upper house. Article III, Section 1 of the Constitution of Florida, adopted ...

from 1963 to 1970; his last two years as

Speaker Speaker may refer to: Society and politics * Speaker (politics), the presiding officer in a legislative assembly * Public speaker, one who gives a speech or lecture * A person producing speech: the producer of a given utterance, especially: ** In ...

President Jimmy Carter James Earl Carter Jr. (born October 1, 1924) is an American politician who served as the 39th president of the United States from 1977 to 1981. A member of the Democratic Party, he previously served as the 76th governor of Georgia from 19 ...

appointed him to the Board of Governors in 1979 and he was Vice Chair of the Federal Reserve until 1982. In addition, he also served as Chairman of the Florida Institute of Education from 1983 to 1987.Federal Reserve Info
On November 23, 2009, Schultz died of

prostate cancer Prostate cancer is cancer of the prostate. Prostate cancer is the second most common cancerous tumor worldwide and is the fifth leading cause of cancer-related mortality among men. The prostate is a gland in the male reproductive system that sur ...

at his Jacksonville home at age 80.

References

External links

List of Vice Chairmen of the Federal Reserve SystemObituaryHarvard University background infoStatements and Speeches of Frederick Henry SchultzFrederick H Schultz
1929 births 2009 deaths 20th-century American politicians Carter administration personnel Fredric G. Levin College of Law alumni Politicians from Jacksonville, Florida Princeton University alumni Speakers of the Florida House of Representatives Democratic Party members of the Florida House of Representatives Reagan administration personnel University of Florida alumni Vice Chairs of the Federal Reserve {{Florida-politician-stub