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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.
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.
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.
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 a German-born banker and a founding member of the Federal Reserve Board. He was a leading advocate of central banking reform in the US and a participant in the Jekyll Island plan that influenced the 1913 Federal Reserve Act.
Dec 5, 2023 · Readers are carried through the US civil war and its aftermath, multiple financial panics in the 19th and early 20th centuries, Paul Warburg’s contribution in establishing the Federal Reserve...
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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.
