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1965: The Year the Fed and LBJ Clashed

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  • Helen Fessenden

Abstract

The storied showdown between Fed Chairman Bill Martin and President Lyndon Johnson wasn't just about personalities. It was a fundamental dispute over the Fed's policymaking role.

Suggested Citation

  • Helen Fessenden, 2016. "1965: The Year the Fed and LBJ Clashed," Econ Focus, Federal Reserve Bank of Richmond, issue 3Q/4Q, pages 4-7.
  • Handle: RePEc:fip:fedrrf:00221
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    File URL: https://www.richmondfed.org/publications/research/econ_focus/2016/q3-4/federal_reserve
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    Cited by:

    1. Gmeiner, Robert & Larson, Sven, 2023. "The Fiscal Transmission Mechanism of Inflation," MPRA Paper 116250, University Library of Munich, Germany.

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