Carter Glass

Carter Glass
1858 - 1946

Carter Glass  

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Birthday 4th January, 1858
Birthplace Lynchburg, Virginia, U.S.
Died 28th May, 1946
Zodiac Sign Capricorn

Carter Glass (January 4, 1858 – May 28, 1946) was a newspaper publisher and politician from Lynchburg, Virginia. He served many years in Congress as a member of the Democratic Party. As House co-sponsor, he played a central role in the development of the 1913 Glass-Owen Act that created the Federal Reserve System. Glass subsequently served as the U.S. Secretary of the Treasury under President Woodrow Wilson. Later elected to the Senate, he became widely known as co-sponsor of the Glass–Steagall Act of 1933, which enforced the separation of investment banking and commercial banking, and established the Federal Deposit Insurance Corporation (FDIC).

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