Follow Thomas Bayard McCabe through 2 dated historical records for United States of America.
A chronological timeline drawn from matching World History Database records.
Thomas McCabe begins his term as chairman of the Federal Reserve Board during a period of growing disagreement between the central bank and the Treasury over the continued wartime policy of supporting government security prices.
Role range: 1948-1951
The Treasury and Federal Reserve announce an accord that ends the central bank's obligation to maintain fixed prices for government securities, restoring greater independence to monetary policy after the wartime interest-rate peg.
Role range: 1948-1951
These dates and descriptions come from the historical_events database. Exact duplicate records have been collapsed. Names are grouped by the country, Name 2 and Name 1 fields; records with missing Name 2 cannot be reliably assigned to an individual biography. Check the underlying sources before formal citation.