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Paul Moritz Warburg (August 10, 1868 – January 24, 1932) was a German-born American investment banker who served as the second vice chairman of the Federal Reserve from 1916 to 1918. Prior to his term as vice chairman, Warburg served as one of the original members of the Federal Reserve Board, taking office in 1914.
Learn how Paul Warburg, a German-born banker and reformer, advocated for a central bank in the United States and became a member of the Federal Reserve Board. Read about his early banking experience, his writings on monetary issues, and his involvement in the National Monetary Commission.
Paul Warburg is most famous as an architect of the US Federal Reserve System, established in 1913. Paul was a member of the first Federal Reserve Board, and its Vice Chairman until his resignation in August 1918.
Dec 4, 2015 · Paul Warburg, a German-born financier and expert on European banking systems, participated in a secret meeting at Jekyll Island in 1910 to reform the US banking system. He helped write a plan that laid the foundation for the Federal Reserve System, which aimed to stabilize the currency and finance commerce.
Paul M. Warburg was sworn in as a member of the first Federal Reserve Board on August 10, 1914. He was appointed vice chairman (called “vice governor” before 1935) on August 10, 1916. He resigned from the Board on August 9, 1918. Warburg was born in Hamburg, Germany, in 1868.
Paul Warburg is the creator behind The Icarus Project, a popular geopolitics video essay channel.
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Aug 16, 2023 · The epic story of the Warburg family of European bankers can be traced back to the early 1500s when Simon von Cassel settled in the German Westphalia town of Warburg (originally founded by Charlemagne in 778 and was then known as Warburgum) and began the family’s quest for money and financial power.
