September 3rd – 4th, 2014
Welcome dinner Tuesday, September 2
We are grateful to the Marriner S. Eccles Foundation, BNY Mellon, the Citrone Foundation, and the Y.A. Istel Foundation for their vision and support of Bretton Woods 2014: The Founders and the Future.
Interested in partnering with the Center for Financial Stability (CFS) as a sponsor? Contact CFS Manager of Communications and Development LeAnn Yee at email@example.com or 212-626-2660 for more information.
Marriner Stoddard Eccles was a rare combination in the economic life of our nation: he was both a major American entrepreneur in the Western United States and an insightful policy maker who radically reformed the governance of the Federal Reserve System. Eccles was born and raised in Logan, Utah, where he received a total of three years of high school education before his father’s death required him to assume the responsibility for his family at the age of 22. From this beginning, he became a distinguished businessman, an innovative banker, and an adviser to presidents. Franklin Roosevelt named him to head the Federal Reserve Board in 1934, and he led the Federal Reserve through depression and war during one of the most difficult times in our nation’s history. During his tenure, Eccles dramatically reformed the Federal Reserve System and led the process that created the Federal Housing Administration. A 1936 cover story of Time magazine noted that “a good many people believe that Marriner Eccles is the only thing standing between the United States and disaster.” Following World War II, he represented the Federal Reserve at the Bretton Woods Conference that crafted agreements creating the World Bank and the International Monetary Fund. In 1951, Eccles precipitated the Treasury–Federal Reserve Accord, a critical element of the Federal Reserve’s independence. Five years after his death, Congress named the Federal Reserve’s Washington, D.C., headquarters in his honor, and subsequent Federal Reserve Chairmen have called him “the father of the modern Federal Reserve.” More
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Jacques de Larosière
Randal K. Quarles
William R. Rhodes
Richard L. Sandor
John B. Taylor