THE PRESIDENCY: Roosevelt Week: Feb. 3, 1936

President Roosevelt this week sent to the Senate the nominations of six of the seven members of the Federal Reserve Board which, according to the Banking Act of 1935, will be reconstructed Feb. 1. Only two members of the old board were named to the new: Governor Marriner Stoddard Eccles, New Dealing banker from Utah; Menc S. Szymczak, onetime comptroller of Chicago. The new appointees: Joseph A. Broderick. onetime New York State superintendent of banks; Ronald Ransom, executive vice president of Fulton National Bank of Atlanta; John K. McKee, onetime receiver for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!