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Mar 2, 2021 · Groundbreaking took place in 1971 and the building was completed in 1974. Dedicated on November 19, 1974, this building was named in honor of former Federal Reserve Board Chairman, William McChesney Martin, Jr. who served from April 2, 1951, through January 31, 1970. Last Update: March 02, 2021.
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Chairman Burns saw this as an opportunity to both enhance...
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The two main structures, the Marriner S. Eccles Building and...
- Fine Arts Program
Mar 2, 2021 · The two main structures, the Marriner S. Eccles Building and William McChesney Martin Jr. Building, are located across the street from each other at 20th and C Streets Northwest. Learn more about the history of the buildings. Last Update: March 02, 2021.
Two days later, the White House announced that Arthur Burns would replace Martin as chairman of the Federal Reserve on Feb. 1, 1970. [12] The 1974 William McChesney Martin Jr. Federal Reserve Board Building. Martin ended his tenure as Chairman of the Board of Governors on January 30, 1970.
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A father and son who worked in this building greatly shaped our nation’s economy. William McChesney Martin, Sr. is credited with helping to write the Federal Reserve Act in 1913, creating the Federal Reserve System. He headed the Federal Reserve Bank of St. Louis from its founding until 1941.
Jul 27, 1998 · Died: July 27, 1998. William McChesney Martin Jr. took office as chairman of the Board of Governors of the Federal Reserve System on April 2, 1951, and served until January 30, 1970. He served under five different presidents. Martin was born in St. Louis, Missouri, in 1906.
On Constitution Avenue, in the nation's capital, stands the William McChesney Martin Jr. building. It is the headquarters of the Federal Reserve System, and it is named for the former chairman who was also this country's most outstanding central banker.
The William McChesney Martin, Jr. Building stands on property originally acquired as part of the land site for the first Federal Reserve Board Buil ding. Since 1937, when the present building was completed, a variety of space plans were developed to accommo date new administrative, regulatory, and supervisory responsibilities which
