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Person

Paul Warburg

Partner at Kuhn, Loeb & Co. and adviser on banking reform; member of the first Federal Reserve Board.

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  1. member of Federal Reserve (member of the first Federal Reserve Board; vice governor from 1916) 1914–1918
How each side tells it

According to Federal Reserve

According to Edwin Seligman

Connections 5

member of

  • Federal Reserve 1914–1918 member of the first Federal Reserve Board; vice governor from 1916 Scholarship & press 1

worked at

  • Kuhn, Loeb & Co. 1907 partner Scholarship & press 2

    A partner in 1907, per the Fed's history; the sources saved here do not give when he joined or left.

involved in

influenced

Timeline 2 dates
  1. 1907 Paul Warburg worked at Kuhn, Loeb & Co.
  2. 1914–1918 Paul Warburg member of Federal Reserve
Proof 2 sources
  1. Paul M. Warburg, Federal Reserve History (Federal Reserve Banks and Board of Governors). Scholarship & press Archived copy
    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.
  2. The Meeting at Jekyll Island, Federal Reserve History (Federal Reserve Banks and Board of Governors), 4 Dec 2015. Scholarship & press
    a partner at the investment bank Kuhn, Loeb, and Co. and widely regarded as an expert on the banking systems in the United States and Europe
    The group included Aldrich; his private secretary Arthur Shelton; Davison; Andrew (who by 1910 had been appointed assistant Treasury secretary); Frank Vanderlip, president of National City Bank and a former Treasury official; and Warburg.
    Glass, Owen, and their staffs directly consulted with Warburg, whose technical expertise was respected by Democratic and Republican politicians alike.
    in its fundamental features the Federal Reserve Act is the work of Mr. Warburg more than of any other man.
    In 1927, Seligman and Glass debated this point in a series of letters published in the New York Times.
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