By Mr. Robert P. Bremner
This is the 1st biography of William McChesney Martin, Jr. (1906-1998), the 1st paid president of the hot York inventory alternate and the chairman of the Federal Reserve method below Presidents Truman to Nixon. the level of Martin’s impact at the process American fiscal background used to be major: arguably he has performed extra to reinforce and reform the nation’s most vital monetary associations than has the other individual.
Chairman of the Fed tells Martin’s interesting existence tale and explains his lasting impression at the NYSE and the Fed, either afflicted associations that Martin remodeled. The booklet offers an within look at the commercial deliberations of 5 presidential administrations and describes Martin’s battles to lead to moral and clever legislation of U.S. monetary markets. His stories shed mild not just at the evolution of the yankee economy but additionally on severe matters that confront the procedure today.