Author
Eccles, Marriner S. (Marriner Stoddard), 1890-1977
Chairman, Board of Governors, 1936 – 1948
Marriner S. Eccles was appointed to lead the Federal Reserve Board on November 15, 1934. He resigned as chairman on January 31, 1948, and remained a Board member until July 14, 1951. Eccles made a lasting impact on the organization of the Federal Reserve System. Early in his tenure on the Federal Reserve Board, he pushed for the restructuring of the Fed and was instrumental in drafting the Banking Act of 1935. This act gave the Board centralized authority over the System and restructured the Federal Open Market Committee (FOMC). (Source: Federal Reserve History)
1890
1977
More Information
- Board of Governors of the Federal Reserve System (U.S.) -- Chairman (1936-1948)
- Board of Governors of the Federal Reserve System (U.S.) -- Governor (1948-1951)
- Federal Reserve Board -- Governor (1934-1936) *Position title changed due to Banking Act of 1935
- Eccles, Marriner Stoddard
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