Brady, Nicholas Frederick (1930-…), was United States secretary of the treasury from 1988 to 1993. He was appointed by President Ronald Reagan and remained in the post under President George H. W. Bush. Before becoming secretary, Brady had served on a number of special federal task forces. These bodies included the Presidential Task Force on Market Mechanisms, also called the “Brady Commission.” President Reagan set up this task force in 1987 to examine certain Wall Street practices after the stock market crash of that year.
Brady was born on April 11, 1930, in New York City. He received a bachelor’s degree from Yale University in 1952 and a master’s degree in business administration from Harvard University in 1954. Also in 1954, Brady joined Dillon, Read & Company, a New York investment banking firm. He became chairman of its board of directors in 1974. Brady served in the U.S. Senate in 1982. He was appointed to complete the term of New Jersey Senator Harrison Williams, who had resigned.
