McGarrah named chairman of the New York Fed

Citations (1)

• All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book

  In February 1927, McGarrah was appointed chairman of the New York Fed. Unlike Mitchell, Wiggin cautioned against excess in the mid-1920s, even while engaging in its spoils. Like Mellon and Coolidge, Wiggin was opposed to excessive debt, public or otherwise.

  chapter: Chapter 4: The 1920s: Political Isolationism, Financial Internationalism

  edit

  remove

Linked events (0)

Details