Bio: Robert Ash Wallace, Jr. was born on May 26, 1921, in Cordell, Oklahoma. He received a BA in political science at the University of Washington, and a PhD in public administration from the University of Chicago. Wallace became legislative assistant to Senator Paul H. Douglas of Illinois, and then worked as staff director of the U.S. Senate Committee on Banking and Urban Affairs. In 1959, he joined Senator John F. Kennedy's presidential campaign as an economic consultant. After the inauguration, he was appointed to the Treasury Department as Special Assistant to the Secretary, then Assistant to the Secretary (1961-1963), and finally Assistant Secretary of the Treasury for Economic Affairs (1963-1969). In these roles, he coordinated the Treasury Department's economic forecasts and recommendations to the President, supervised the U.S. Mint and the Secret Service, and served as equal employment opportunity coordinator for the agency. Wallace was also a member of the U.S. delegation to the Cotton Textiles Committee conference in Geneva, Switzerland, and the International Wool Study Group, in London, England, both in 1962. After leaving government service, he became an executive at Exchange National Bank in Chicago, and was later named Chairman of the Board of National Bancorp of Arizona. Wallace died on June 8, 2001, in Tucson, Arizona.
LBJ Connection: Assistant to Senator Paul H. Douglas; Staff Director of the Senate Committee on Banking and Urban Affairs; Assistant Secretary of the Treasury
Wallace, Robert A. (Robert Ash), 1921,
Biographical info page,
LBJ Presidential Library,
accessed March 19, 2019,