Marriner Stoddard Eccles

#104709
Most Popular
Boost
Birthday
9, 1890
Birthplace
Logan, UT
Death Date
Dec 18, 1977 (87)
Birth Sign
Virgo
Birthday
9, 1890
Birthplace
Logan, UT
Death Date
Dec 18, 1977 (87)

About

Utah banker who helped Franklin Roosevelt shape the New Deal to help get the U.S. out of the Great Depression. He was the 7th Chairman of the Board of Governors of the Federal Reserve from 1934 to 1948.

Before Fame

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.'

Trivia

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.

Family Life

He was born in Logan, Utah, to a devout Mormon family.

Associated With

He was a principal economic advisor to both Franklin D. Roosevelt and his successor, Harry Truman.