Nixon White House Tapes › Tape 63 › Conversation 063-002

Nixon, Cabinet Committee on Economic Policy & Houthakker

Monday, June 28, 1971 · 9:12 AM–10:54 AM ET · Cabinet Room · 15 min

ParticipantsNixon, Richard M. (President); Cabinet Committee on Economic Policy; Houthakker, Hendrick S.; Stein, Herbert; Hodgson, James D.; Connally, John B.; Ehrlichman, John D.; Flanigan, Peter M.; Peterson, Peter G.; Shultz, George P.; Ziegler, Ronald L.; Haldeman, H. R. ("Bob")Conversation063-002 on Tape 63StartMonday, June 28, 1971 at 9:12 AMEndMonday, June 28, 1971 at 10:54 AMRecording deviceCabinet RoomSourceNixon Library record for 063-002 ↗

Audio

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part A, 3:03

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NARA Description

On June 28, 1971, President Richard M. Nixon and members of the Cabinet Committee on Economic Policy, including Hendrick S. Houthakker, Herbert Stein, James D. Hodgson, John B. Connally, Peter M. Flanigan, Peter G. Peterson, George P. Shultz, John D. Ehrlichman, Ronald L. Ziegler, and H. R. ("Bob") Haldeman, met in the Cabinet Room of the White House at an unknown time between 9:12 am and 10:54 am. The Cabinet Room taping system captured this recording, which is known as Conversation 063-002 of the White House Tapes.

Nixon Library Finding Aid

Conversation No. 63-2

Date: June 28, 1971
Time: Unknown between 9:12 am and 10:54 am
Location: Cabinet Room

Paul W. McCracken met with Hendrik S. Houthakker, Herbert Stein, James D. Hodgson, John B.
Connally, John D. Ehrlichman, Peter M. Flanigan, Peter G. Peterson, George P. Shultz, Ronald
L. Ziegler, and H. R. (“Bob”) Haldeman

     [General conversation/Unintelligible]

The President entered at 10:05 am

     Cabinet meeting, June 29, 1971

     San Clemente

     Administration economic policy
         -Future
         -Press

     Foreign policy
          -Henry A. Kissinger

******************************************************************************

     Vietnam

[To listen to the segment (1m44s) declassified on 02/28/2002, please refer to RC# E-534.]

******************************************************************************

     Possible memoranda to the President
          -Economic policy
               -Possible leaks
               -The President’s reading
               -Hodgson, George W. Romney
               -Importance
               -Memorandum from Federal Reserve Board
          -The President’s memoranda of conversations
          -Possible leaks
               -New York Times, Washington Post, Columbia Broadcasting System [CBS],
                      National Broadcasting Company [NBC], Time, Newsweek
               -Effects
Show the rest of the log (42 more lines)
          -Economic policy
               -Various solutions
               -Leaks
               -The President’s responsibility
          -Release
               -Defense Department and State Department’s memoranda

     The President’s economic policy
          -Wage and Price Board
          -”Jawboning”
          -Budget and tax policies
          -Need for stability
          -Spokesman
               -Connally
                      -Quadriad and Cabinet meetings
          -Role of economic advisors
               -Speeches
               -Connally’s and the President’s speeches
               -Chairman and members of Council of Economic Advisors [CEA]
               -Peterson, Shultz, Hodgson, and Romney
          -The President’s actions as Vice President

           -Leaks
                -Outcome
           -Responsibility
           -The President’s decisions
           -Role of economic advisors
                -Press contacts
           -Responsibility
                -Compared with foreign policy
                      -Congress
           -Role of economic advisors
                -Connally
                -Speeches
                      -Purpose
                -Flanigan, Ehrlichman

The President left at 10:21 am

     [General conversation/Unintelligible]

Recording was cut off at an unknown time before 10:54 am

Transcript (AI-generated)

No transcript is available yet for this conversation.

Also recorded on June 28, 1971

  • 529-015 9:12 AM · 3 sec — President Richard M. Nixon and Manolo Sanchez met in the Oval Office of the White House at an unknown time between 9:12 am and 9:21 am.
  • 529-016 9:21 AM · 42 min — President Richard M. Nixon, H. R. ("Bob") Haldeman, Ronald L. Ziegler, unknown person(s), Henry A. Kissinger, and Stephen B. Bull met in the Oval Office of the White House from 9:21 am to 10:04 am.
  • 529-017 10:04 AM · 1 min — President Richard M. Nixon, Ronald L. Ziegler, and Alexander P. Butterfield met in the Oval Office of the White House at an unknown time between 10:04 am and 10:05 am.
  • 529-018 10:05 AM · 7 min — unknown person(s) met in the Oval Office of the White House at an unknown time between 10:05 am and 10:21 am.
  • 005-164 10:21 AM · 11 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 10:21 am and 11:46 am.
  • 529-019 10:22 AM · 6 sec — President Richard M. Nixon and Manolo Sanchez met in the Oval Office of the White House at 10:22 am.
  • 529-020 10:23 AM · 27 min — President Richard M. Nixon, H. R. ("Bob") Haldeman, Henry A. Kissinger, and Stephen B. Bull met in the Oval Office of the White House from 10:23 am to 10:51 am.
  • 529-021 10:54 AM · 45 min — President Richard M. Nixon, Vernon E. Jordan, Jr., Robert J. Brown, John D. Ehrlichman, George P. Shultz, Leonard Garment, Oliver F. ("Ollie") Atkins, and Manolo Sanchez met in the Oval Office of the White House from 10:54 am to 11:38 am.

All 63 conversations from June 28, 1971 →

Cite this conversation

Conversation 063-002, June 28, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/063-002 (accessed November 2, 2026).