Personal Life
Volcker married Barbara Bahnson, the daughter of a physician, on September 11, 1954. She died on June 14, 1998, having suffered from lifelong diabetes, as well as rheumatoid arthritis. They had two children, Janice, a nurse and a Georgetown University graduate, and James, a research assistant and a New York University graduate who was born with cerebral palsy, as well as four grandchildren. Over Thanksgiving, 2009, he became engaged to marry Anke Dening, a long-time assistant. They married in February 2010.
Volcker is an avid fly-fisherman, having recounted, "The greatest strategic error of my adult life was to take my wife to Maine on our honeymoon on a fly-fishing trip." Volcker is also known as "Tall Paul" for his height of 6 feet 7 inches (2.01 m), standing exactly a foot (30 cm) taller than his wife when they first met.
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