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William Gibbs McAdoo Jr. [1] / ˈmækəˌduː / (October 31, 1863 – February 1, 1941) was an American lawyer and statesman. McAdoo was a leader of the Progressive movement and played a major role in the administration of his father-in-law President Woodrow Wilson.
William G. McAdoo was the U.S. secretary of the treasury (1913–18), a founder and chairman (1914) of the Federal Reserve Board, and director general of the U.S. railroads during and shortly after World War I (1917–19). He directed four fund-raising drives that raised $18,000,000,000 to help finance.
- The Editors of Encyclopaedia Britannica
Jun 11, 2018 · A biography of William Gibbs McAdoo, a prominent Democrat and Wilson's secretary of the Treasury, who also served as director general of railways and chairman of the Federal Reserve Board. Learn about his achievements, controversies, and political career.
William G. McAdoo was the Treasury secretary and ex officio chairman of the Federal Reserve Board from 1913 to 1918. He played a key role in the creation and financing of the Fed, but also supported segregation in government.
Learn about the life and career of William G. McAdoo, who married President Wilson's daughter Eleanor and served as his treasury secretary from 1913 to 1918. He also chaired several federal boards and ran for president twice after leaving office.
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Learn about the life and career of William Gibbs McAdoo, the first Treasury Secretary appointed by President Woodrow Wilson. He played a key role in creating the Federal Reserve System and financing World War I.