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Carter / Miller / Federal Reserve Chrm. #250125

CBS Evening News for Wednesday, Dec 28, 1977
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(Studio) President Carter's decision against reappointed of Arthur Burns to head Fed. Reserve Board noted.
REPORTER: Roger Mudd

(DC) Carter's appointed of Textron Incorporated chairperson G. William Miller to head Fed. Reserve reported Burns' return with Vice President Mondale from Florida vacation noted. [CARTER - commends Burns' work; announces Miller's appointed] [MILLER - will devote energies to new job to overcome inflation and unemployment.] [BURNS - cites reaction to Carter's choice of Miller.]
REPORTER: Ed Bradley

(DC) Views of Burns' policies by Senator Banking Committee chairperson William Proxmire, House Banking Committee chairperson Henry Reuss, AFL-CIO president George Meany, Senator Edward Kennedy, economy adviser Charles Schultze and Treasury Secretary Michael Blumenthal described. Attitude in Congress to Burns compared to that toward John Mitchell. Burns' opposition to administration proposals listed. Charges of Nobel Prize winner Milton Friedman against Burns' policies cited.
REPORTER: George Herman

Bradley, Ed;
Herman, George;
Mudd, Roger

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