Nixon White House Tapes › Tape 642 › Conversation 642-025

Nixon & Bull on Economic policy and Herbert Stein

Monday, January 3, 1972 · 11:08 AM–11:09 AM ET · Oval Office

ParticipantsNixon, Richard M. (President); Bull, Stephen B.Conversation642-025 on Tape 642 (tape position 04:12:27–04:12:36)StartMonday, January 3, 1972 at 11:08 AMEndMonday, January 3, 1972 at 11:09 AMRecording deviceOval OfficeSourceNixon Library record for 642-025 ↗

President Nixon met with his aide Stephen B. Bull to discuss adjustments to federal economic projections and the potential appointment of a woman to the Council of Economic Advisers. Nixon expressed confidence in his economic team, specifically noting the work of Herbert Stein, while deliberating on the optics and inclusion of a female representative on the council. This brief meeting served to refine internal staffing considerations and budgetary messaging.

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This conversation has not yet been cut into its own clip, so the player above contains the full tape segment shared with neighbouring conversations. It begins about 04:12:27 into the tape and ends around 04:12:36.

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Names and numbers are often wrong; speakers are not identified. Do not cite it as authoritative — verify against the audio and the finding aid.

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4:12:21from which you move by about $3 billion, so that the 1052 is equivalent to about 1055.
4:12:27So we were off by a little less than 1%.
4:12:34Which, in the range of error here, usually is, uh, that's, that's, that's, uh, I feel very strong, very strong, mainly because I have such confidence in Stein, and I feel such confidence in Song and other people.
4:12:49Which, if we can possibly bring, if they could bring themselves to live with a woman, other than their wife, we could put a woman in that council and it would be very good, this one.

On January 3, 1972, President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 11:08 am and 11:09 am. The Oval Office taping system captured this recording, which is known as Conversation 642-025 of the White House Tapes.

Conversation No. 642-25

Date: January 3, 1972
Time: Unknown after 11:08 am until 11:09 am
Location: Oval Office

The President met with Stephen B. Bull.

     The President's schedule
          -Clark MacGregor

Bull left at 11:09 am.
  • 642-021 10:56 AM · 2 min — President Richard M. Nixon, Stephen B. Bull, Manolo Sanchez, and unknown person(s) met in the Oval Office of the White House at an unknown time between 10:56 am and 11:00 am.
  • 642-022 10:56 AM · 39 sec — President Richard M. Nixon and H. R. ("Bob") Haldeman met in the Oval Office of the White House at an unknown time between 10:56 am and 11:00 am.
  • 642-023 11:00 AM · 9 min — President Richard M. Nixon and George P. Shultz met in the Oval Office of the White House from 11:00 am to 11:08 am.
  • 018-004 11:08 AM · 26 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 11:08 am and 11:09 am.
  • 642-024 11:08 AM · 23 sec — President Richard M. Nixon and the White House operator met in the Oval Office of the White House at an unknown time between 11:08 am and 11:09 am.
  • 642-026 11:09 AM · 6 min — President Richard M. Nixon and H. R. ("Bob") Haldeman met in the Oval Office of the White House from 11:09 am to 11:15 am.
  • 642-027 11:15 AM · 24 min — President Richard M. Nixon, Clark MacGregor, Jody Smith, and Manolo Sanchez met in the Oval Office of the White House from 11:15 am to 11:42 am.
  • 018-005 11:20 AM · 2 min — President Richard M. Nixon and Jody Smith talked on the telephone from 11:20 am to 11:21 am.

Conversation 642-025, January 3, 1972. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/642-025 (accessed October 22, 2026).