On the recordMarch 8, 2022
Mr. Speaker, I rise today to recognize Ambassador Harold E. Doley, Jr. on his 75th birthday. Ambassador Harold E. Doley, Jr., a native of New Orleans, Louisiana, rang the closing bell of the New York Stock Exchange on February 18, 2022, marking his 50th anniversary of becoming a member. Ambassador Doley began his career in investment banking in 1968. Five years later, at the tender age of 26, he bought a seat on the stock exchange, becoming the first and only African American in history to do so. Ambassador Doley chaired the investment committee of Southern Africa Enterprise Development Fund, SAEDF, a private equity fund. Ambassador Doley also placed the first Black market maker on the Johannesburg Stock Exchange. Industry peers honored Ambassador Doley as an Outstanding Broker of the Year in 1971, and The Wall Street Journal selected him as Stock Picker of the Year in 1990. Ambassador Doley has been an appointee of five Presidential administrations. In 1982, Ambassador Doley was appointed the founding director of the Minerals Management Service in the Department of the Interior, a department of more than 5,000 employees. MMS represented the second- largest revenue source to United States Government at that time. In 1983, Ambassador Doley was appointed the United States Representative of the African Development Bank Fund, AfDB, headquartered in Abidjan, Ivory Coast. The AfDB was able to quadruple its authorized capital by using Ambassador Doley's capital increase formula.…





