Biographical Dictionary of the Board of Governors of the Federal Reserve

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With the passage of the Federal Reserve Act of 1913, the United States formally established a middle ground between the competing forces of the bankers' need for private control and the populist call for governmental oversight. But despite its role as the nation's only centralized banking authority, and its importance as a decision-making body, the Federal Reserve as an institution has always been fiercely protective of its own independence. In this work, Bernard Katz sheds light on this important arm of the government, by profiling each member of the board of governors from the inception of the Federal Reserve in 1914 through January 1991.

Katz's work begins with a preface and introduction that detail the creation of the Federal Reserve and the role played by the board of governors within the organization. Sixty-seven biographical sketches then profile each of the board's chairmen and vice-chairmen, providing detailed information on their backgrounds, training, politics, and even the pettiness and insecurities of their lives. Each contributor also chronicles the economic issues that surrounded each board member's tenure, as well as controversies within the board and the relationships and debates with specific presidents and administrations. This unique reference work will be a major addition to both public and academic libraries, and a valuable resource for students of the Federal Reserve system, monetary policy, and money and banking.

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Editorial Reviews

Following a preface and introduction that detail the creation of the Federal Reserve and the role played by the board of governors within the organization, biographical sketches profile each member of the board of governors from the inception of the Federal Reserve in 1914 through January 1991, providing detailed information on their backgrounds, training, and politics, and chronicling the economic issues that surrounded their tenure. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780313266584
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 10/30/1991
  • Pages: 406
  • Product dimensions: 6.00 (w) x 9.00 (h) x 1.06 (d)

Meet the Author

BERNARD S. KATZ is Associate Professor of Economics and Business at Lafayette College in Pennsylvania.

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Table of Contents


Introduction by George G. Sause

Wayne D. Angell by Robert C. Winder

C. Canby Balderston by Nancy M. Thornborrow

Eugene Robert Black by Ogden O. Allsbrook, Jr.

Andrew Felton Brimmer by Rexford Ahene

Joseph A. Broderick by Yale L. Meltzer

Jeffrey M. Bucher by Thomas J. Pierce

Arthur F. Burns by John P. Cullity

Milo D. Campbell by Jean-Claude Leon

Lawrence Clayton by Philip Lane

Philip E. Coldwell by David E. R Gay and Thomas R. McKinnon

Daniel Richard Crissinger by James W. Schmotter

Edward H. Cunningham by Ronald Robbins

J. Dewey Daane by Yale L. Meltzer

Chester Charles Davis by Jack B. White

Frederic Adrian Delano by Juli Cicarelli

Ernest G. Draper by Philip Lane

Marriner Stoddard Eccles by William J. Barber

Rudolph Martin Evans by Donald R. Wells

Stephen Symmes Gardner by Neela D. Manage

Lyle E. Gramley by Marie McKinney

Alan Greenspan by Thomas Havrilesky and Bernard S. Katz

Charles Sumner Hamlin by Michael Connell

W. Proctor Harding by Geofrey T. Mills

Heinz Robert Heller by Bernard S. Katz

Robert C. Holland by Penny Kugler

Philip Chappell Jackson, Jr. by Kathie S. Gilbert

George Roosa James by Jean-Claude Leon

Manuel H. Johnson by Robert C. Winder

Edward W. Kelley by Jack B. White

John P. LaWare by Jack B. White

David Maher Lilly by Neela D. Manage

Thomas Bayard McCabe by Earl W. Adams

Wayland Wells Magee by Cynthia Saltzman

Sherman J. Maisel by Jane M. Simmons

Preston Martin by Annette Meyer

William McChesney Martin, Jr. by Daniel Vencill

John Keown McKee by Nancy M. Thornborrow

Eugene Meyer by James N. Marshall

Adolph Caspar Miller by Robert Stanley Herren

G. William Miller by MarieMcKinney

Paul Emmert Miller by Bernard S. Katz

Abbot Low Mills, Jr. by Thomas J. Pierce

George Wilder Mitchell by Mary Murphy

John R. Mitchell by Paul J. Kubik

Henry A. Moehlenpah by Shiva Sayeg

Ralph W. Morrison by David E. R. Gay and Thomas R. McKinnon

David W. Mullins, Jr. by Bernard S. Katz

Edward Lee Norton by Anne R. Hornsby

John Charles Partee by Anne R. Hornsby

Edmund Platt by David J. Leahigh

Oliver S. Powell by Cynthia Saltzman

Ronald Ransom by Jack B. White

Emmett J. Rice by Jane M. Simmons

James Louis Robertson by Penny Kugler

Frederick H. Schultz by Gregory A. Claypool

Martha Romayne Seger by Robert C. Winder

John Eugene Sheehan by Yale L. Meltzer

Charles Noah Shepardson by David E. R Gay and Thomas R. McKinnon

William Wayne Sherrill by David E. R Gay and Thomas R. McKinnon

Albert Strauss by Robert Metts

Menc Stephen Szymczak by Gregory A. Claypool

Nancy Hays Teeters by Juli Cicarelli

John Jacob Thomas by Donald R. Wells

James Kimble Vardaman, Jr. by Yale L. Meltzer

Paul Adolph Volcker, Jr. by Robert Stanley Herren

Henry Wallich by David J. Leahigh

Paul Moritz Warburg by Robert Stanley Herren

David C. Wills by Paul J. Kubik

Roy Archibald Young by Vibha Kapuria-Foreman


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