54 1/2 x 44 1/4 x 1 1/2" [citation needed], Bentsen's retort to Vice President Dan Quayle during the 1988 vice presidential debate, "You're no Jack Kennedy," has entered the lexicon as a widely used phrase to deflate politicians who are perceived as thinking too highly of themselves. In recognition of his success in securing federal funding, two hundred seventy miles of U.S. Highway 59, from I-35 to I-45 in Texas (between Laredo and Houston, respectively), are officially named Senator Lloyd Bentsen Highway. [3][4] Dillon earned a varsity letter for football his senior year. Lloyd Sr. and his brother Elmer helped with the family business, investing in land purchase, becoming the "premier colonizers and developers of Hidalgo County", and gaining a substantial fortune from the "Pride O Texas" citrus trademark. [citation needed], Bentsen served in the United States Air Force Reserve from 1950 to 1959, and was promoted to colonel in 1953. As Deputy Assistant Secretary for Monetary Policy. Along with the increase in education was the increase of taxes during Connally's term as Governor. [7], At Johnson's request, in 1961 President Kennedy named Connally Secretary of the Navy. Connally left the Kennedy Administration in December 1961 to run for Governor of Texas, and he held that position from 1963 to 1969. "[26], Secretary Connally defended a $50 billion increase in the debt ceiling and a $35 to $40 billion budget deficit as an essential "fiscal stimulus" at a time when five million Americans were unemployed. However, Nixon instead tapped House Minority Leader Gerald Ford, because he believed Democrats in Congress were less likely to block Ford's appointment. In 1936, Connally met and befriended Lyndon Johnson, of whom he remained a political ally and friend for his entire life. Joseph Walker Barr (January 17, 1918 February 23, 1996) was an American businessman and politician from Indiana. Yarborough, Connally's long time enemy, calls Connally "the worst, the most reactionary Governor in Texas history. [2], He served in the United States Navy from 1942 to 1945, during World War II, with subchaser duty in the Mediterranean Sea and Atlantic Ocean. [5] In 1963, he was appointed Chairman of the Federal Deposit Insurance Corporation. He also supported turning the fair's Texas Pavilion into a permanent museum, the Institute of Texan Cultures, describing his vision for it as "a dramatic showcase, not only to Texans, but to all the world, of the host of diverse peoples from many lands whose blood and dreams built our state. Despite spending $11 million during the campaign, Connally secured the support of only a single delegate, Ada Mills of Clarksville, Arkansas, who became nationally known for a brief time as the "$11 million delegate". Rector and Visitors of the University of Virginia, Notice of Non-Discrimination and Equal Opportunity. These businesses, they found, are often making a wise decision. [citation needed], Bentsen flew thirty-five missions against many heavily defended targets, including the Ploieti oil fields in Romania, which were critical to the Nazi war production. Connally was also a bitter opponent of trade unions and strongly supported right-to-work law in Texas, which led the AFL-CIO to call for his resignation. Before entering government service in 1953, Dillon was an investment banker. On January 26, 2021, Janet Yellen was sworn in as the 78th Secretary of the Treasury of the United States. [40], In July 1974, Connally was indicted for allegedly pocketing $10,000 from dairy industry lawyer Jake Jacobsen in exchange for influencing the government to increase federal dairy price support. Phyllis was the daughter of John Chess Ellsworth[14] and Alice Frances Chalifoux. [citation needed], Over a year before the election, Connally's views on foreign policy in the Middle East were reported to have made him the "favored Saudi candidate". As Treasury Secretary, he helped win the ratification of the North American Free Trade Agreement and the passage of the Omnibus Budget Reconciliation Act of 1993. [3] Johnson helped Connally get a job in the campus library, and Connally played a minor role in Johnson's bid for Congress in 1937. President John F. Kennedy is killed, as is Vice President Lyndon Johnson, most of the Senate and Congress, and most members of the Kennedy administration. John Bowden Connally Jr. (February 27, 1917 - June 15, 1993) was an American politician. According to then-Representative Ben Barnes, in a private meeting at the 1968 Democratic National Convention, Connally angrily accused Humphrey of being disloyal to President Johnson by trying to soft-pedal Johnson's position regarding Vietnam. He died after a car accident, aged 95.[1]. [21] He underwent four hours of surgery after the shooting and recovered from his wounds. After his World War II service on Guam, on Saipan, and in the Philippines, he left the United States Navy as Lieutenant Commander decorated with the Legion of Merit and Air Medal. Although Dillon grew up as a patrician, his paternal grandfather, Samuel Lapowski, was a poor Jewish emigrant from Poland. Connally said he wanted to be known as "the education Governor," and he will be, because spending for higher education rose 150 percent and for secondary education 100 percent. Language links are at the top of the page across from the title. 479 (5 U.S.C. [3], At the 1960 Democratic convention in Los Angeles, Connally led supporters of Senator Lyndon Johnson. Ashman claimed that Connally would have aides telephone airports ask to page him for an urgent message, in order to give the impression that he was much in demand. He was also the United States Secretary of the Treasury from December 21, 1968 until January 20, 1969, in President Lyndon B. Johnson 's cabinet. In 2001, the honorary title of president pro tempore emeritus was created . He served one term in the United States House of Representatives. Priscilla Roberts. Richardson's empire in the 1950s was estimated at $200 million to $1 billion. The Senate confirmed Yellen on January 25, 2021, by a vote of 84-15. He had studied art at the Imperial Art Academy in St. Petersburg and immigrated to the United States in 1923. [45] Connally raised more money than any other candidate, but he was never able to overtake the popular conservative front-runner, Ronald Reagan of California. In answering a question about his experience, Quayle stated that he had as much political experience as John F. Kennedy had when he ran for the presidency. During the 1988 vice presidential debate, Quayle responded to a question about his purported inexperience by comparing his time in office up to that point to that of John F. Kennedy, leading Bentsen to famously castigate Quayle: "Senator, you're no Jack Kennedy." After transferring to the South Pacific Theater, he served as fighter-plane director aboard the aircraft carrier USS Essex and was awarded the Bronze Star for bravery. Dillon died of natural causes on January 10, 2003, at the New York-Presbyterian Hospital in New York City at the age of 93. [37], In May 1973, Connally joined the Republican Party. In 1966, Connally defended his views by saying: "In a sense it is a dirty business, but not corrupt. Democratic presidential nominee Michael Dukakis chose Bentsen as his running mate in the 1988 presidential election, while the Republicans nominated Vice President George H. W. Bush and Senator Dan Quayle. Copyright 2023. John F. Kennedy; C. Douglas Dillon (1961-1963) Clarence Douglas Dillon was born in Geneva, Switzerland, on April 21, 1909, and was educated at the Groton School and Harvard University. Secretary Yellen would serve as Chair of the Federal Reserve from 2014 until 2018. Since the office was created in 1789, 92 individuals, from 39 of the 50 states, have served as president pro tempore of the Senate. [60], In January 1964, Connally donated the suit he wore on November 22, 1963, to the Texas State Library and Archives Commission (TSLAC). Bentsen had in fact considered in advance how to respond, because Congressman Dennis E. Eckart, who played Quayle in Bentsen's rehearsals, knew that Quayle had previously compared himself to Kennedy, so he worked it into Bentsen's debate preparation. [35] Addressing speculation that he was on a "secret peace mission", Nixon said that Connally was travelling privately but that he had asked him to have informal discussions with various world leaders. After Bill Clinton defeated Bush in the 1992 general election, Clinton offered Bentsen the position of Secretary of the Treasury. The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. "From Benign Neglect to Malignant Preoccupation: U.S. In 1994, President Bill Clinton appointed then-Dr. Yellen to the Federal Reserve Board of Governors. Bentsen Center for Stroke Research", Biographical Directory of the United States Congress, Biography in the Handbook of Texas Online, Reuters: "Former Senator, Treasury chief Bentsen dies" May 23, 2006, Oral History Interview with Lloyd Bentsen, from the Lyndon Baines Johnson Library, Response to the State of the Union address, Unsuccessful major party candidates for Vice President of the United States, United States Senate Committee on Finance, Chairs of the Democratic Senatorial Campaign Committee, United States Secretaries of the Treasury, United States Senate Democratic Conference Secretary, Democratic Congressional Campaign Committee, Democratic Legislative Campaign Committee, National Democratic Redistricting Committee, Secretary of Housing and Urban Development, Administrator of the Environmental Protection Agency, Director of the Office of Management and Budget, Chair of the Council of Economic Advisers, Administrator of the Small Business Administration, Director of the Federal Emergency Management Agency, Director of the Office of National Drug Control Policy, Intermodal Surface Transportation Efficiency Act, Omnibus Budget Reconciliation Act of 1990, Cable Television Consumer Protection and Competition Act of 1992, Housing and Community Development Act of 1992, Residential Lead-Based Paint Hazard Reduction Act, Negotiations for the North American Free Trade Agreement, Bush School of Government and Public Service, What It Takes: The Way to the White House, George Bush: The Life of a Lone Star Yankee, The Family: The Real Story of the Bush Dynasty, https://en.wikipedia.org/w/index.php?title=Lloyd_Bentsen&oldid=1164364701, Democratic Party (United States) vice presidential nominees, Democratic Party members of the United States House of Representatives from Texas, Democratic Party United States senators from Texas, Recipients of the Distinguished Flying Cross (United States), United States Army Air Forces pilots of World War II, Candidates in the 1976 United States presidential election, 1988 United States vice-presidential candidates, Wikipedia indefinitely semi-protected pages, Articles lacking in-text citations from August 2020, Articles with unsourced statements from August 2020, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 8 July 2023, at 23:43. Janet and George would marry later that year. Executive Order 13224 gives the U.S. Government a powerful tool to impede terrorist funding and is part of our national [] A poor economy in 1991-1992 eroded Bush's standing among voters and he ended up losing the election to Bill Clinton. In the Senate, he helped win passage of the Employee Retirement Income Security Act and played a role in the creation of the individual retirement account. While this strategy was successful in defeating Yarborough, it caused long-term damage to Bentsen's relationship with liberals in his party. He prevailed with margins of 73.8 percent and 72.8 percent, respectively, giving him greater influence with the nearly all-Democratic legislature. The United States Secretary of the Treasury is the head of the United States Department of the Treasury. Former president Bill Clinton, who was a close friend, delivered a eulogy. Secretary of State Dean Rusk (Cont. In 1998, Bentsen experienced two strokes, which left him needing a wheelchair. Degree", "Lloyd Bentsen Dies at 85; Senator Ran With Dukakis", "Remarks Relative to the Death of Former Senator Lloyd Bentsen", "Galbraith Backs Bush (reprinted letter from August 1970)", "Buchanan Lets Conservatives 'Divorce' President Bush", "Vice President Dan Quayle Interview - Debating Our Destiny - Dec. 2, 1999 - PBS", "Lloyd Bentsen To Dan Quayle: "Senator, You Are No Jack Kennedy"; Texas Sen. Lloyd Bentsen delivered one of the most devastating slights ever", "Bentsen is Poised to Leave Cabinet Officials Confirm", "Houston church prepares for Bentsen memorial", "Senator Lloyd and B.A. Democratic (30) Connally, riding in the middle jump seat of the president's limousine in front of the president, recalled hearing the first shot, which he immediately recognized as a rifle shot. Senator Lloyd Bentsen of Houston. Departments and Agencies. In 2010, President Barack Obama, appointed her Vice Chair of the Federal Reserve, before nominating her to succeed Fed Chair Benjamin Bernanke as the nations top central banker. President's Office Files. [10][11], A close friend of John D. Rockefeller III, he was chairman of the Rockefeller Foundation from 1972 to 1975. by the Secretary of the Treasury or his delegate (Secretary). The Editors of Encyclopaedia Britannica. "[22] Peter Goldman and Tom Mathews wrote in The Quest for the Presidency 1988 that Bentsen "was the forgotten man" of the campaign until the exchange with Quayle. Senator Robert F. Bobby Kennedy and U.S. [43][44], Connally announced in January 1979 that he would seek the Republican nomination for President in 1980. It was at the University of Texas where he met his future wife Nellie Connally. An economist by training, she took office after almost fifty years in academia and public service. )[13], After the war, Bentsen returned to his native Rio Grande Valley. [50][51] He purchased a $1 million apartment in Washington, D.C., from one of the Shah's sisters, reportedly due to higher political aspirations. [10], Bentsen was awarded the Distinguished Flying Cross, one of the Air Force's highest commendations for achievement or heroism in flight. Bentsen retired in December 1994 and was succeeded by Robert Rubin. Dillon was the United States spokesman for the Kennedy Administration's program of aid for the economic development of Latin America under the Alliance for Progress Program in 1961. In 1982, he defeated James M. Collins of Dallas, who had first dispatched the strongly conservative State Senator Walter Mengden of Houston in the Republican primary. Digital Identifier: JFKWHP-KN-18579. She is Professor Emeritus at the university. [27] He unveiled Nixon's program of raising the price of gold and formally devaluing the dollar, known as the Nixon shock finally leaving the old gold standard entirely, a departure begun in 1934 by Franklin D. He served both Kennedy and Johnson in that capacity until 1965. President Clinton singled Bentsen out for applause during his final State of the Union address in 2000, saying: "In 1993 we began to put our fiscal house in order with the Deficit Reduction Act, which you'll all remember won passages in both Houses by just a single vote. He graduated from the University of Texas at Austin, where he was the student body president and a member of the Friar Society. He and Edna accompanied his parents on their relocation to the "citrus and vegetable utopia" of Sharyland, Texas, where Peter Bentsen worked as a land agent for Sharyland's founder, John H. Shary, and started a nursery seedling business. Bentsen was unable to swing his home state, with 43 percent of the Texas vote going for the Dukakis ticket while Bush and Quayle took 56 percent.