Nicholas F. Brady | |
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68th United States Secretary of the Treasury | |
In office September 15, 1988 – January 17, 1993 | |
President | Ronald Reagan George H. W. Bush |
Preceded by | James Baker |
Succeeded by | Lloyd Bentsen |
United States Senator from New Jersey | |
In office April 12, 1982 – December 27, 1982 | |
Appointed by | Thomas Kean |
Preceded by | Harrison A. Williams |
Succeeded by | Frank Lautenberg |
Personal details | |
Born | Nicholas Frederick Brady April 11, 1930 New York City, New York, U.S. |
Political party | Republican |
Spouse |
Kitty Douglas
(m. 1952; died 2021) |
Children | 4 |
Education | Yale University (BA) Harvard University (MBA) |
Signature | |
Nicholas Frederick Brady (born April 11, 1930) is an American banker and politician from New Jersey who briefly served in the United States Senate in 1982 and served as the 68th United States Secretary of the Treasury under Presidents Ronald Reagan and George H. W. Bush from 1988 to 1993. He is a member of the Republican Party.
In April 1982, he was appointed U.S. senator to finish the unexpired term of Harrison A. Williams, and did not seek election to a full term in office. As of 2024, Brady is the last Republican to serve in New Jersey's Class 1 U.S. Senate seat and is the oldest living former U.S. senator following the death of Daniel J. Evans in September 2024.
As Secretary of the Treasury, Brady proposed and enacted a novel debt-reduction agreement for developing countries which became known as Brady bonds.