Paul Warburg

Biography

Paul Warburg, born in 1868, brought a European banking heritage to the United States and championed the creation of a central bank to steady the national economy. As a key architect of the Federal Reserve System, he helped persuade lawmakers that a coordinated approach to monetary policy would bolster growth and protect against panics.

Beyond his work in finance, Warburg supported numerous cultural and philanthropic causes, and Sleepy Hollow Cemetery in New York became his final resting place, where visitors may reflect on his enduring influence on American banking.