Nicholas Brady
 Nicholas Brady     ( banker, deep state actor, horse racer) | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 | |||||||||||||||||||||||
| Born | Nicholas Frederick Brady 1930-04-11 | ||||||||||||||||||||||
| Nationality | American | ||||||||||||||||||||||
| Alma mater | • St. Mark's School (Massachusetts) • Yale University • Harvard Business School | ||||||||||||||||||||||
| Religion |  Catholic | ||||||||||||||||||||||
| Parents | James Cox Brady Jr. | ||||||||||||||||||||||
| Children | 4 | ||||||||||||||||||||||
| Spouse | Katherine Douglas "Kitty" Brady | ||||||||||||||||||||||
| Member of | Bilderberg/Steering committee, Bohemian Grove, Book and Snake, Council on Foreign Relations/Members, Economic Club of New York, Knights of Malta, Rockefeller University | ||||||||||||||||||||||
| Party | Republican | ||||||||||||||||||||||
| Relatives | Nicholas Frederic Brady | ||||||||||||||||||||||
Attended 4 Bilderbergs in the 1980s. US/Secretary of the Treasury. Bilderberg Steering committee, Knights of Malta, CFR
| |||||||||||||||||||||||
Nicholas Frederick Brady is an American banker and politician from New Jersey who briefly was appointed US Senator for eight months in 1982 and became United States secretary of the treasury under U.S. Presidents Ronald Reagan and George H. W. Bush from 1988 to 1993. He was a member of the Bilderberg steering commitee and the Knights of Malta.[1]
Contents
Background
Brady was born on April 11, 1930 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.[2] His great-grandfather was industrialist Anthony N. Brady.[3] His father was a major figure in thoroughbred horse racing in the United States and Europe.[4] He grew up on a large estate in Far Hills, New Jersey.[5] Although never involved with the sport at the same level as his father, Nicholas Brady was a time as chairman of The Jockey Club.[6]
Education
After graduating from St. Mark's School in Southborough, Massachusetts, Brady attended Yale University (Bachelor of Arts, 1952), where he was a member of Chi Psi fraternity. He received his Master of Business Administration from Harvard University in 1954.[7]
Career
Brady's career in the banking industry spanned 34 years. He joined the now-defunct Dillon, Read & Co. in New York City in 1954, rising to chairman of the board in 1970.
He has been the Chairman of Darby Overseas Investments, Ltd. and Darby Technology Ventures Group, LLC, investment firms. In 1994 Brady became Chairman of Franklin Templeton Investment Funds (an international investment management company), a director of Hess Corporation (an exploration and production company) and Holowesko Partners Ltd. (investment management companies). He was also director of the oilfield services company Weatherford International since 2004. He has been a director of the NCR Voyix, Purolator Filters (1971–1987), and Heinz, among others.
He was director of the spooky Mitre Corporation.
New Jersey politics and United States Senate appointment
Brady was a Republican committeeman of Somerset County, New Jersey. In 1981, he became head of the transition team for Thomas Kean following Kean's election as Governor of New Jersey.[8]
In 1982, Kean had to fill a vacancy caused by the resignation of United States Senator Harrison A. Williams, following a planned expulsion vote in the wake of the FBI Abscam sting operation.[8] Kean appointed Brady as a caretaker.[8] Brady sat from April 12, 1982 to December 27, 1982. During his time in the Senate, he was a member of the United States Senate Committee on Armed Services and the United States Senate Committee on Banking, Housing, and Urban Affairs. He resigned from office before the expiration of the term, so that Frank Lautenberg, the winner of the 1982 election, could enter the Senate early for purposes of seniority.[8][9]
Advisor to Ronald Reagan
In 1984, Reagan appointed Brady to be Chairman of the President's Commission on Executive, Legislative and Judicial Salaries. He also sat on the President's Commission on Strategic Forces (1983), the National Bipartisan Commission on Central America (1983), the Commission on Security and Economic Assistance (1983), and the Blue Ribbon Commission on Defense Management (1985). He also chaired the Presidential Task Force on Market Mechanisms in 1987.
Secretary of the Treasury
Brady became United States Secretary of the Treasury on September 15, 1988, and had the position the last four months of Reagan's presidency and throughout the George H. W. Bush administration. In 1989, after a period of years in which a number of developing countries, including Mexico, defaulted on their external debt, he developed the Brady Plan to get them to sell United States dollar-denominated bonds. These became known as Brady Bonds.
Early in his tenure as Treasury Secretary, The New York Times wrote that Brady had a rocky start and was "bland on television and awkward as a public speaker." But as a close friend and advisor to President Bush he had considerable influence.[10]
As Treasury Secretary, and thus head of the Secret Service, Brady "investigated" the access of Craig J. Spence and his homosexual prostitution ring to the White House.
Yes, sir, I'm talking about the UD [Uniformed Division] officer, Reginald deGueldre, who was working moonlighting for Craig Spence and who arranged the tours for him. I'm wondering if any Secret Service policies are violated by such moonlighting, and whether these visits to the White House are . . ."
Mr. Brady interrupted at that point and said, "I can't give you a precise answer on that now. We'll certainly look into it."
"You don't know if your own Secret Service is conducting an investigation into something that's been this prominent?" the secretary was then asked.
Other positions
He also was trustee of Rockefeller University and a member of the Board of the Economic Club of New York. He is a member of the Council on Foreign Relations and a former member of the Steering Committee of the Bilderberg Meeting.[11] He is a former trustee of the Boys' Club of Newark of Newark, New Jersey. Brady received the Golden Plate Award of the American Academy of Achievement in 1977.[12]
Personal life
Brady married Katherine Douglas (known as Kitty, daughter of Percy Livingston Douglas, president of the Otis Elevator Company) in 1952, and they had four children and 13 grandchildren.[13]
Although never involved with horse racing at the same level as his father, he was for a time chairman of The Jockey Club. Mill House (Stable) is the nom de course for Brady's racing operation.[4]
References
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1984 | 11 May 1984 | 13 May 1984 | Sweden Saltsjöbaden | The 32nd Bilderberg, held in Sweden |
| Bilderberg/1985 | 10 May 1985 | 12 May 1985 | New York US Arrowwood of Westchester Rye Brook | The 33rd Bilderberg, held in Canada |
| Bilderberg/1986 | 25 April 1986 | 27 April 1986 | Scotland Gleneagles Hotel | The 34th Bilderberg, 109 participants |
| Bilderberg/1988 | 3 June 1988 | 5 June 1988 | Austria Interalpen-Hotel Telfs-Buchen | The 36th meeting, 114 participants |
| George H. W. Bush/Presidency | 20 January 1989 | 20 January 1993 | The George H. W. Bush administration |
This page imported content from Wikipedia on 03.03.2025.Wikipedia is not affiliated with Wikispooks. Original page source here
- ↑ https://web.archive.org/web/20080214062927/http://www.pehi.eu/organisations/Pilgrims_Society_members_list.htm
- ↑ A Son to Mrs. James Cox Brady Jr., NYTimes.com; accessed March 29, 2015.
- ↑ https://www.nytimes.com/1982/04/13/nyregion/man-in-the-news-quiet-senator-from-new-jersey.html
- ↑ Jump up to: a b https://web.archive.org/web/20110620040841/http://www.woodbineentertainment.com/queensplate/Pages/Contenders.aspx?cid=16
- ↑ Quint, Michael. "The Financier 'Who Knows What Is Going On'", The New York Times, August 6, 1988; accessed November 27, 2007. "The great grandson of Anthony N. Brady, an Irish emigrant who was a friend and business associate of Thomas A. Edison, Nicholas Brady grew up on a large estate in Far Hills, N.J., that borders on the Dillon family estate."
- ↑ https://prabook.com/web/nicholas.frederick_brady/2099906
- ↑ https://millercenter.org/president/reagan/essays/brady-1988-nicolas-secretary-of-the-treasury
- ↑ Jump up to: a b c d https://newjerseyglobe.com/congress/meet-new-jerseys-10-appointed-u-s-senators/
- ↑ https://newjerseyglobe.com/congress/evans-death-leaves-nicholas-brady-of-n-j-as-nations-oldest-living-ex-u-s-senator/
- ↑ https://www.nytimes.com/1989/11/19/business/the-treasury-s-mr-diffident.html
- ↑ https://web.archive.org/web/20140202095633/http://www.bilderbergmeetings.org/former-steering-committee-members.html
- ↑ https://achievement.org/our-history/golden-plate-awards/#business
- ↑ https://baileyfuneral.com/tribute/details/2883/Katherine-Brady/obituary.html
