Manuel H. Johnson
| Manuel H. Johnson | |
|---|---|
 |
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| 13th Vice Chairman of the Federal Reserve | |
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In office August 4, 1986 – August 3, 1990 |
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| Nominated by | Ronald Reagan |
| Preceded by | Preston Martin |
| Succeeded by | David W. Mullins, Jr. |
| Board of Governors of the Federal Reserve System | |
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In office February 7, 1986 – August 3, 1990 |
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| Nominated by | Ronald Reagan |
| Assistant Secretary of the Treasury for Economic Policy | |
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In office 1982–1986 |
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| President | Ronald Reagan |
| Personal details | |
| Born |
February 10, 1949 Troy, Alabama |
| Nationality | American |
| Alma mater |
Troy State University Florida State University (M.S.) Florida State University (Ph.D.) |
Manuel H. "Manley" Johnson (born February 10, 1949 in Troy, Alabama) is an American economist, who served as the vice chairman of the Board of Governors of the Federal Reserve System in the mid-1980s. Since 1990, he has been co-chairman and senior partner on Johnson Smick International, Inc., an investments, economic and political consulting firm. He has also authored or co-authored five economic books.
Johnson was born on February 10, 1949, in Troy, Alabama, a small town in rural southeast Alabama. Although formally named Manuel, he often informally goes by "Manley" He attended the University of Alabama from 1967 to 1968. In 1968, he volunteered for the U.S. Army and served with both ranger and special forces units until 1971. He returned from service and completed his undergraduate studies at Troy State University, now Troy University, graduating in 1973 with a Bachelor of Science (B.S.) degree in economics cum laude. He furthered his education at Florida State University at Tallahassee, graduating in 1974 with a Master of Science (M.S.) degree in economics. In 1977, he earned a Ph.D. in economics from Florida State University.
From 1977 to 1994, Johnson was a professor of economics at George Mason University, where he held the Koch Chair in International Economics.
Johnson served as Assistant Secretary of the Treasury (1982–1986), and Deputy Assistant Secretary (1981–1982). While at the Treasury, Johnson was responsible for the formulation of economic policy initiatives and development of the Administration’s economic forecast for the budget. He was also instrumental in designing the Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986, which represents the most comprehensive change in the history of U.S. tax law. His performance at the Treasury won him the Alexander Hamilton Award, the department’s highest honor.
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