Women’s History Month Spotlight: Sylvia Porter
Originally from Long Island, Sylvia Porter saw how the world had been deeply affected by the Stock Market Crash and decided to study economics and finance. In 1934 she began writing a column for The American Banker and New York Post as well as other magazines explaining finances and economic matters in plain language to her readers. Readers did not discover that “S.F. Porter” was a woman until 1942, and she is considered the first woman to hold such a position. Throughout her life, Porter continued writing, both her column as well as several books, and hosted a radio show called What Can I Do? regularly broadcast on New York’s WJZ.
In 1974, when President Ford was dealing with an inflation crisis, Porter seemed a natural fit to help organize a voluntary citizens program. As someone used to making difficult economic concepts understandable, Porter thought that consumers needed to be enlisted in rather than lectured about the fight against inflation. The Citizens Action Committee to Fight Inflation (CAC) she was asked to chair would provide the American people with an opportunity to get actively involved.
On the day of the CAC’s first meeting, Porter gave a press conference regarding the program and its aims. Read it here.
Image: President Gerald R. Ford, Sylvia Porter, Ralph Nader, and Others at a Meeting of the Citizens Action Committee to End Inflation, 10/12/1974 (National Archives Identifier 12082668)








