Nicholas F. Brady | |
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68th United States Secretary of the Treasury | |
In office September 15, 1988 – January 17, 1993 | |
President | Ronald Reagan George H. W. Bush |
Preceded by | James Baker |
Succeeded by | Lloyd Bentsen |
United States Senator from New Jersey | |
In office April 12, 1982 – December 27, 1982 | |
Appointed by | Thomas Kean |
Preceded by | Harrison A. Williams |
Succeeded by | Frank Lautenberg |
Personal details | |
Born | Nicholas Frederick Brady April 11, 1930 New York City, New York, U.S. |
Political party | Republican |
Spouse |
Kitty Douglas
(m. 1952; died 2021) |
Children | 4 |
Education | Yale University (BA) Harvard University (MBA) |
Signature | |
Nicholas Frederick Brady (born April 11, 1930) is an American businessman and politician from the U.S. state of New Jersey. A member of the Republican Party, he briefly served in the United States Senate in 1982, and later served as the United States Secretary of the Treasury under Presidents Ronald Reagan and George H. W. Bush from 1988 to 1993, and is also known for articulating the plan of the Brady Bonds in March 1989. In April 1982, he was appointed U.S. senator to finish the unexpired term of Harrison A. Williams following Williams' resignation due to a planned expulsion vote in the wake of the Abscam sting operation conducted by the Federal Bureau of Investigation. Brady was a banker for Wall Street Investment and previously served as the Republican committeeman of Somerset County, New Jersey.[1] As of 2024, Brady is the last Republican to serve in New Jersey's Class 1 U.S. Senate seat.
Upon the death of Daniel J. Evans, he became the oldest living former U.S. senator, whereas Rudy Boschwitz (who was U.S. senator of Minnesota from 1978 to 1991) became the oldest living person to have served as an elected member of the U.S. Senate.[2]