McFadden: The banker who came to Washington to stayNowadays ABA and other banking trade groups work hard to bring working
bankers to Washington. But Louis Thomas McFadden went most bankers
better, not only bringing a banking viewpoint to Capitol Hill, but
bringing it right to the top of the House Banking Committee.
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100 years of ABA Banking Journal
2008 marks the 100th anniversary of ABA Banking Journal. On our masthead you will see the rarely seen “Vol. C”—the Roman designation for 100, in case you’ve forgotten your Roman numerals.
The very first issue was actually in July 1908, but for our centennial year we will be running this “Then & Now” page each month in Briefing, leading up to a special commemorative issue in November, coinciding with ABA’s... read more...
Birth of the FedToday, with the stumbling economy needing all the help it can get, many eyes are on the Federal Reserve System. Chairman Benjamin Bernanke now holds the hot seat occupied by the likes of Alan Greenspan, Paul Volcker, Arthur Burns, and many more. And that was also the case for bankers in December 1913, when President Woodrow Wilson signed the Fed into life as he approved the Federal Reserve Act. Present at the signing was Representative Carter Glass, frequently called... read more...
