Daniel R. Crissinger

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Daniel R. Crissinger

Daniel Richard Crissinger (born December 10, 1860 in Marion County , Ohio , † July 12, 1942 ) was an American finance manager who was governor of the Federal Reserve System Committee between 1923 and 1927 .

Life

After attending school, Crissinger began studying law at Buchtel College , from which he graduated with a Bachelor of Laws (LL.B.). He then took a position as 1886 Lawyer in Marion and was followed from 1889 to 1893 before Prosecutor (Prosecutor) and 1893-1899 Legal Adviser (City Solicitor) of Marion. After that, he served 1899-1921 as chief legal adviser to the Marion Steam Shovel Co. and as a member of the board of City National Bank of Marion , which later became the National City Bank & Trust Co. was.

On May 1, 1923, Crissinger was appointed governor of the Federal Reserve System Committee, succeeding William Harding . He held this post until his resignation on September 1, 1927, whereupon Roy A. Young took his place on October 4, 1927. While later CEOs focused on economic growth, he took a traditional approach of providing easier credit through low interest rates.

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