Utah banker who helped
A successful businessman in the 1920s, he ran several financial institutions and a construction company before coming to the attention of FDR's 'brain trust.'
His adopted proposals included for the government to directly intervene in the economy by establishing wage laws, commissioning public works projects, and providing public welfare.
He was born in Logan, Utah, to a devout Mormon family.
He was a principal economic advisor to both Franklin D. Roosevelt and his successor, Harry Truman.