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  1. Benjamin Strong Jr. (December 22, 1872 – October 16, 1928) was an American banker. He served as Governor of the Federal Reserve Bank of New York for 14 years until his death. He exerted great influence over the policy and actions of the entire Federal Reserve System and indeed over the financial policies of all of the United States ...

  2. Governor [President], Federal Reserve Bank of New York, 1914–1928. Born: December 22, 1872. Died: October 16, 1928. Benjamin Strong Jr. was elected president (then called governor) of the Federal Reserve Bank of New York at its first board of directors’ meeting on October 5, 1914.

  3. Home > About the New York Fed > Benjamin Strong Jr. was elected governor of the New York Fed at the Bank's first board meeting on October 5, 1914, six weeks prior to the opening day. He was 41, and then president of Bankers Trust Co. of New York.

  4. The Federal Reserve Bank of New York opened for business on November 16, 1914, under the leadership of Benjamin Strong Jr., who had previously been president of the Bankers Trust company. He led the bank until his death in 1928. Strong became the executive officer (then called the "governor"—today, the term would be "president").

  5. Summary. Benjamin Strong, Jr made few speeches and did not appear in public to wax theoretically on the ways of economics and high finance. He was J. P. Morgan’s workhorse, and he built his reputation and his fortune on the back of the House of Morgan.

  6. Benjamin Strong, Jr., who had been the president of Bankers Trust Company, became the first president of the New York Fed on October 5, 1914. [7] . He said the bank at that point "consisted of little more than a copy of the Federal Reserve Act ", but it consumed 100 million U.S. dollars from 211 member banks during the course of that day. [8]

  7. : A Guide to the Strong Papers, 1911-1929 View original document The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.