Paul Moritz Warburg (August 10, 1868 - January 24, 1932) was a German-American banker and early advocate of the U.S Federal Reserve system. Warburg was born into a successful Jewish banking family in Hamburg, Germany. He and his brothers Max Warburg and Felix Warburg were partners in the family firm of M. M. Warburg & Co., but while Max remained in Germany as head of that business, Felix and Paul moved to New York City in 1901, … Wikipedia
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In paying tribute recently to Henry Wallich, late member of the Federal Reserve Board of Governors, Bankers Magazine noted that Wallich was a successor, in more than one respect, to Paul Warburg. minneapolisfed.org/pubs/region/89-05/reg895d.cfm