Nicholas F. Brady | |
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68th United States Secretary of the Treasury | |
In office September 15, 1988 – January 17, 1993 |
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President |
Ronald Reagan George H. W. Bush |
Preceded by | James Baker |
Succeeded by | Lloyd Bentsen |
United States Senator from New Jersey |
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In office April 12, 1982 – December 27, 1982 |
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Appointed by | Thomas Kean |
Preceded by | Harrison A. Williams |
Succeeded by | Frank Lautenberg |
Personal details | |
Born |
Nicholas Frederick Brady April 11, 1930 Manhattan, New York City |
Nationality | American |
Political party | Republican |
Spouse(s) | Katherine Douglas Brady (m. 1954) |
Children | 4 |
Education |
Yale University (B.A., 1952) Harvard Business School (M.B.A., 1954) |
Signature |
Nicholas Frederick Brady (born April 11, 1930) is an American politician from the state of New Jersey, who was the 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. In 1982, he was appointed to succeed Harrison A. Williams as a United States Senator until a special election could be held. He served in the Senate for 8 months.
Brady was born in Manhattan, New York City, the son of James Cox Brady, Jr., and his wife, Eliot Chace. He was named for his paternal great-uncle, businessman and philanthropist Nicholas Frederic Brady. His great-grandfather was industrialist Anthony N. Brady. He grew up on an estate in Far Hills, New Jersey. After graduating from St. Mark's School, Southborough, Massachusetts, Brady attended Yale University (B.A., 1952), where he was a member of Chi Psi Fraternity. He received his M.B.A. from Harvard University in 1954.
Brady's political career began when he was appointed by Governor Thomas Kean as a Republican Senator from New Jersey to fill the vacancy caused by the resignation of Harrison A. Williams, Jr. He served from April 12, 1982 through December 27, 1982 and did not seek election to a full term. During his time in the Senate he was a member of the Armed Services Committee and the Banking, Housing and Urban Affairs Committee.