Marriner Eccles: Father of the Modern Federal Reserve

Marriner Eccles' Road to the Chairman of the Federal Reserve

In a speech before Congress in 1933, with the nation in the throes of the Great Depression, a previously-unknown banker from Utah took to the podium to advocate for unprecedented, major government interventions in the economy — from unemployment insurance to housing assistance. His name was Marriner Eccles, and his ideas would soon propel him to the seat of chairman of the Federal Reserve.

Marriner Eccles' Road to the Chairman of the Federal Reserve

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  • Marriner Eccles: Father of the Modern Federal Reserve: asset-mezzanine-16x9

    Marriner Eccles: Father of the Modern Federal Reserve

    S1 E1 - 56m 40s

    Marriner Eccles was one of the premier economic thinkers of his time. The Chairman of the Federal Reserve under Presidents Roosevelt and Truman, Marriner was integral to the economic policies of the 1930s and ‘40s; he was a staunch advocate for the independence of the nation’s central bank, and a voice of the New Deal.

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