Conversation No. 16-82

Date: December 10, 1987
Time: 4:36 pm - 4:42 pm
Location: White House Telephone

The President talked with Arthur F. Burns.

[See Conversation No. 636-8C]

     Tax Bill
          -President’s signature
                                         69

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                   Tape Subject Log
                                     (rev. 10/06)



Discount Rate
     -Reduction
          -Amount
          -Reasons
                -Market conditions
                -Economic expansion
          -Statement
     -Open Market Committee
          -Burns’ forthcoming meeting

Federal Reserve Board [FRB]
     -Credit policy
     -Regulatory Cases
          -Need for new board members
                -William W. Sherrill

President's schedule
     -India-Pakistan War
     -Georges J.R. Pompidou
            -Forthcoming meeting

FRB
      -New appointee
           -Frederick Malek
                -Assignment
      -Timing

President’s schedule
     -President's upcoming meeting with Pompidou
           -John B. Connally
           -Significance
           -Burns’ efforts
                 -Trade concessions
           -Connally
           -French announcement
           -Timing
           -Business community

President’s possible meeting the Burns
     -Pay Board
           -High increases
     -Price commission
                                                70

                           NIXON PRESIDENTIAL MATERIALS STAFF

                                       Tape Subject Log
                                         (rev. 10/06)



                -Effect of policy on business
                      -Impact on recovery
           -Connally
           -Cost of Living Council [COLC]
                -Burns’ criticism
           -Timing