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Federal Reserve Bank of Minneapolis Oral History Project: Interview with Gerald E. Corrigan

Titles: Federal Reserve Bank of Minneapolis Oral History Project: Interview with Gerald E. Corrigan (Supplied title)

Description: BIOGRAPHICAL INFORMATION: Mr. Corrigan was an easterner by birth and education. Born in Waterbury, Connecticut and a graduate of Fairfield University in Connecticut, Corrigan did his graduate work at Fordham University in New York City and went to work at the New York Federal Reserve straight out of graduate school in 1968. Corrigan left New York in 1979, accompanying Paul Volcker to his new post as chairman of the Federal Reserve Board in Washington. He came to Minneapolis from Washington in 1980 and served as president of the Federal Reserve Bank of Minneapolis from 1980-1985. During Corrigan's tenure, a major change in the nation's banking system occurred with the passage in 1980 of the Depository Institutions Deregulation and Monetary Control Act. In 1985, Corrigan assumed the presidency of the New York Federal Reserve Bank. SUBJECTS DISCUSSED: Corrigan discusses his impressions of the Twin Cities upon his arrival from the East, the role of Federal Reserve as a government agency, areas of service and the role of individual bank presidents and how it has changed over the years. Corrigan recalls fondly his trips around the region for the Bank. He also talks about the globalization of finance and banking. COMMENTS ON INTERVIEW: Audio tapes for this interview are housed at the Federal Reserve Bank Library in Minneapolis.

Dates

  • 10/23/1992 (Creation)

Creation

Identifiers

  • Library Call Number: OH 5
  • Accession Number: AV1994.172.1

Holding Type: Oral History - Interview

Project

Quantity: 27 pages transcript

Format

  • Content Category: text

Subjects

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