Paul Warburg

Paul Warburg
Warburg c. 1910s
2nd Vice Chairman of the Federal Reserve
In office
August 10, 1916 – August 9, 1918
PresidentWoodrow Wilson
Preceded byFrederic Adrian Delano
Succeeded byAlbert Strauss
Member of the Federal Reserve Board
In office
August 10, 1914 – August 9, 1918
PresidentWoodrow Wilson
Preceded byPosition established
Succeeded byAlbert Strauss
Personal details
Born
Paul Moritz Warburg

(1868-08-10)August 10, 1868
Hamburg, Germany
DiedJanuary 24, 1932(1932-01-24) (aged 63)
New York City, U.S.
Political partyDemocratic

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. He was an early advocate for the establishment of the US central bank system.