The Creature from Jekyll Island: A Second Look at the Federal Reserve

Who is Paul Moritz Warburg from The Creature from Jekyll Island: A Second Look at the Federal Reserve and what is their importance?

Asked by bookragstutor on 25 Oct 12:44

Last updated by Cat on 08 Jan 05:06

1 Answers

Answered by Cat on 08 Jan 05:06

The author gave credit to Warburg for engineering the Federal Reserve System at the Jekyll Island meeting in 1910. The Federal Reserve Act was enacted in 1913, and Warburg was appointed a member of the Federal Reserve Board, serving until 1918. He also served on the Council for Foreign Relations as its director. Warburg died on January 24, 1932.