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Marriner Eccles: Father of the Modern Federal Reserve
Marriner Eccles – The Early Years
Long before he came to head the Federal Reserve Board, Marriner Eccles began life as the son of Scottish immigrants, Mormon settlers searching for a better life in Northern Utah. Marriner would get his business acumen from his father, David Eccles — a successful entrepreneur, and at the time one of the wealthiest men between Denver and San Francisco.
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56:40
Marriner Eccles shaped the Federal Reserve into the independent institution it is today.