SACRED LEGACY ARCHIVES™
Louis Thomas McFadden
1876-07-25 – 1936-10-01
Life & Legacy
Louis Thomas McFadden (July 25, 1876 – October 1, 1936) was a Republican member of the United States House of Representatives from Pennsylvania, serving from 1915 to 1935. A banker by trade, he was the chief sponsor of the 1927 McFadden Act, which rechartered the Federal Reserve System in perpetuity, liberalized branch banking for national banks and increased competition between member and non-member banks. He is known for his antisemitic conspiracy theories, which eventually saw him lose his seat in the House of Representatives.
Occupation & Career
politician, journalist, businessperson
Sources & Provenance
- Wikidata population candidate Q2473759 — wikidata View source
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