Donald Wayne Riegle Jr. (/ˈriːɡəl/ REE-gəl; born February 4, 1938) is an American politician, author, and businessman from Michigan. He served for five terms as a Representative and for three terms as a Senator in the U.S. Congress.
Donald Riegle | |
|---|---|
 | |
| Chair of the Senate Banking Committee | |
| In office January 3, 1989 – January 3, 1995 | |
| Preceded by | William Proxmire |
| Succeeded by | Al D'Amato |
| United States Senator from Michigan | |
| In office December 30, 1976 – January 3, 1995 | |
| Preceded by | Philip Hart |
| Succeeded by | Spencer Abraham |
| Member of the U.S. House of Representatives from Michigan's 7th district | |
| In office January 3, 1967 – December 30, 1976 | |
| Preceded by | John C. Mackie |
| Succeeded by | Dale Kildee |
| Personal details | |
| Born | Donald Wayne Riegle Jr. February 4, 1938 Flint, Michigan, U.S. |
| Political party | Democratic (1973–present) Republican (before 1973) |
| Spouse |
Lori Hansen (m. 1978) |
| Children | 5 |
| Parent | Donald W. Riegle Sr. (father) |
| Education | Mott Community College Western Michigan University University of Michigan–Flint (BA) Michigan State University (MBA) Harvard University |
Early life and family
editHe attended Flint Junior College (now Mott Community College) and Western Michigan University, graduated with a B.A in business administration and economics from the University of Michigan-Flint in 1960, and received an M.B.A. in finance from Michigan State University in 1961.[1]
Political life
editIn 1966, Richard Nixon persuaded Riegle to return to Michigan to run for Congress.[2] Riegle was then 28 years old and considered to be a moderate Republican. Nixon attended an early campaign fundraiser, and talked up Riegle's prospects to reporters.[2]
Riegle defeated incumbent Democratic U.S. Representative John C. Mackie, to be elected from Michigan's 7th congressional district to the 90th Congress. Mackie was one of the Michigan Five Fluke Freshmen who lost their seats after a single term.[2]
In his first action as Chairman of the Senate Banking Committee, Riegle led the efforts to reform the savings and loan industry, which resulted in the Financial Institutions Recovery, Reform, and Enforcement Act of 1989 ("FIRREA").[3]
Later life
editRiegle endorsed Bernie Sanders for the Democratic nomination for President of the United States[4] in both 2016 and 2020.[5]
See also
editReferences
edit- ^ "DONALD W. RIEGLE, JR. ARCHIVES". Archived from the original on 2019-01-02. Retrieved 2018-09-08.
- ^ a b c Li, Victor (2018). Nixon in New York: How Wall Street Helped Richard Nixon Win the White House. Fairleigh Dickinson University Press. ISBN 9781683930013.
- ^ Committee on Banking, Housing and Urban Affairs, United States Senate, "Accomplishments of Senator Donald W. Riegle, Jr., Chairman, 1989–1994"
- ^ "Colleen M Nelson on Twitter".
- ^ "Sen. Riegle endorses Bernie Sanders for President". USA Today.