Roy Young | |
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4th Chairman of the Federal Reserve | |
In office October 4, 1927 – August 31, 1930 | |
President | Calvin Coolidge Herbert Hoover |
Deputy | Edmund Platt |
Preceded by | Daniel Richard Crissinger |
Succeeded by | Eugene Meyer |
Member of the Federal Reserve Board | |
In office October 4, 1927 – August 31, 1930 | |
President | Calvin Coolidge Herbert Hoover |
Preceded by | Daniel Richard Crissinger |
Succeeded by | Menc Szymczak |
4th President of the Federal Reserve Bank of Boston | |
In office September 1, 1930 – March 31, 1942 | |
Preceded by | William P. G. Harding |
Succeeded by | William Paddock |
3rd President of the Federal Reserve Bank of Minneapolis | |
In office October 1, 1919 – September 26, 1927 | |
Preceded by | Theodore Wold |
Succeeded by | W. B. Geery |
Personal details | |
Born | Roy Archibald Young May 17, 1882 Marquette, Michigan, U.S. |
Died | December 31, 1960 Chestnut Hill, Massachusetts, U.S. | (aged 78)
Political party | Republican |
Spouse | Amy Goodrich Bosson |
Roy Archibald Young (May 17, 1882 – December 31, 1960) was an American banker who served as the 4th chairman of the Federal Reserve from 1927 to 1930. During his tenure as chairman, the Wall Street Crash of 1929 occurred, which signaled the beginning of the Great Depression. Before and after his term at the Federal Reserve Board, Young also served as the president of the Federal Reserve Bank of Minneapolis from 1919 to 1927 and Federal Reserve Bank of Boston from 1930 to 1942.[1]