James baker net worth
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Biographies of the Secretaries of State: James Addison Baker III (1930–)
Influence on American Diplomacy
As Treasury Secretary during the second Reagan Administration, Baker was instrumental in passing the Plaza Accord of September 1985, a multilateral agreement, which devalued the dollar in order to reduce America’s account deficit and help the U.S. economy recover from a recession that had begun in the early 1980s. He also tried to implement the Baker Plan, which proposed using Japan’s trade surplus to relieve Third World debt.
Baker served as Secretary of State during a very interesting and important time period in U.S. foreign relations. He was influential in overseeing American foreign policy during the tumultuous and touchy times following communism’s downfall in Eastern Europe and the break-up of the former Soviet Union.
As the head of the State Department, Baker was also the driving force behind creating a coalition of nations to repel Saddam Hussein and Iraq from Kuwait during the First Persian Gulf War.
Baker continues to play a role in U.S. diplomacy and intern
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James A. Baker (1989–1992)
James Addison Baker was born on April 28, 1930, in Houston, Texas. He graduated from Princeton University in 1952 and served for two years in the Marine Corps. He then earned a law degree, with honors, from the University of Texas in 1957. After graduating, he began to practice law in Houston with the firm of Andrews and Kurth (1957-1975).
In 1970, Baker ran an unsuccessful campaign for the Senate for his close friend, George Herbert Walker Bush. During the administration of Gerald Ford, Baker was appointed undersecretary of commerce. He then ran President Ford's failed reelection campaign in 1976 and George H.W. Bush's failed run for the Republican presidential nomination in 1980.
When President Ronald Reagan took office, he appointed Baker as his chief of staff, a position Baker held from 1981 to 1985. During Reagan's second term as President, Baker served as secretary of the treasury (1985-1988) and as chairman of the President's Economic Policy Council. Baker resigned prior to the end of Reagan's second term to run the successful presidential c
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James Baker
American lawyer and statesman (born 1930)
This article is about the politician. For other uses, see James Baker (disambiguation), James A. Baker (disambiguation), and James Addison Baker (disambiguation).
James Baker | |
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Official portrait, 1989 | |
| In office August 24, 1992 – January 20, 1993 | |
| President | George H. W. Bush |
| Deputy | Robert Zoellick |
| Preceded by | Samuel K. Skinner |
| Succeeded by | Mack McLarty |
| In office January 20, 1981 – February 3, 1985 | |
| President | Ronald Reagan |
| Deputy | Michael Deaver |
| Preceded by | Jack Watson |
| Succeeded by | Donald Regan |
| In office January 25, 1989 – August 23, 1992 | |
| President | George H. W. Bush |
| Deputy | Lawrence Eagleburger |
| Preceded by | George Shultz |
| Succeeded by | Lawrence Eagleburger |
| In office February 4, 1985 – August 17, 1988 | |
| President | Ronald Reagan |
| Deputy | Richard G. Darman M. Peter McPherson |
| Preceded by | Donald Regan |
| Succeeded by | Nicholas F. Brady |
| In office August 2, 1975 – May 7, 1976 | |
| President | Gerald Ford |
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