Nixon's Secretary of Labor, Director of the Office of Management and Budget, and Secretary of the Treasury George Shultz passed away yesterday.
During his time as Secretary of Labor he resolved the Longshoremen's Union strike by taking a hands off approach and letting the two sides resolve the issue. He also was responsible for the first use of racial quotas by the federal government as he required construction unions to admit a certain number of black construction workers.
While he was Secretary of the Treasury he was a part of the conference that ended the Bretton-Woods system and the gold standard. Moreover, he was co-founder of a group that went on to become the G7.
He later served in the Reagan administration as Secretary of State and was instrumental in the end of the Cold War.
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