Paul Warburg | |
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2nd Vice Chairman of the Federal Reserve | |
In office August 10, 1916 – August 9, 1918 | |
President | Woodrow Wilson |
Preceded by | Frederic Adrian Delano |
Succeeded by | Albert Strauss |
Member of the Federal Reserve Board | |
In office August 10, 1914 – August 9, 1918 | |
President | Woodrow Wilson |
Preceded by | Position established |
Succeeded by | Albert Strauss |
Personal details | |
Born | Paul Moritz Warburg August 10, 1868 Hamburg, Germany |
Died | January 24, 1932 New York City, U.S. | (aged 63)
Political party | Democratic |
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.