Frederick Henry Schultz (January 16, 1929 – November 23, 2009) was an American businessman and politician who served as the 11th vice chairman of the Federal Reserve from 1979 to 1982.

"[2] Schultz served as an artillery officer in the United States Army during the Korean War from 1952 to 1954, and was awarded the Bronze Star.

[1] Schultz was elected in Jacksonville and served in the Florida House of Representatives from 1963 to 1970; his last two years as Speaker.

President Jimmy Carter appointed him to the Board of Governors in 1979 and he was Vice Chair of the Federal Reserve until 1982.

[3] On November 23, 2009, Schultz died of prostate cancer at his Jacksonville home at age 80.