Carter Glass Banking Reforms

George Carter Glass

Carter Glass (George Carter Glass) was an American politician and newspaper publisher from Virginia. As chairman of the House Committee on Banking and Currency, he led the establishment of the Federal Reserve Act (creating the Fed) and served as Secretary of the Treasury under the Wilson administration. Later transitioning to the Senate, he authored the Glass-Steagall Act of 1933 during the Great Depression, which separated commercial and investment banking. He built the foundation of the American financial and monetary system across two world wars.

Timeline

Category
Element

Year	George Carter Glass
1858	Birth of George Carter Glass (Period: January 4, 1858, Location: Lynchburg, Virginia, United States)
1880	Beginning of Career as a Journalist and Editor (Carter Glass, Age: 21 years old, Period: 1880–1888, Location: Lynchburg, Virginia, United States)
1886	Marriage (Carter Glass, Aurelia McDearmon Caldwell, Age: 28 years old, Period: January 12, 1886, Location: Lynchburg, Virginia, United States)
1899	Assumption of Office as Virginia State Senator (Carter Glass, Age: 40 years old, Period: 1899–1902, Location: Virginia, United States)
1901	Constitution-Making Convention of Virginia (Age: 42 years old, Period: 1901–1902, Location: Richmond, Virginia, United States)
1902	Assumption of Office as U.S. Representative (Carter Glass, Age: 43 years old, Period: 1902–1918, Location: Washington, D.C., United States)
1913	Enactment of the Federal Reserve Act (Age: 54 years old, Period: 1913, Location: Washington, D.C., United States)
1914	World War I (Age: 55 years old, Period: 1914-1918, Location: Battlefields centered on Europe, United States)
1918	Financing World War I (Age: 59 years old, Period: 1918–1919, Location: Washington, D.C., United States) Assumption of Office as Secretary of the Treasury (Carter Glass, Age: 60 years old, Period: December 16, 1918 – February 1, 1920, Location: Washington, D.C., United States)
1920	1920 Democratic National Convention Presidential Nomination Contest (Carter Glass, Age: 61 years old, Period: 1920, Location: San Francisco, California, United States) Assumption of Office as U.S. Senator (Carter Glass, Age: 62 years old, Period: February 2, 1920 – May 28, 1946, Location: Washington, D.C., United States)
1929	Response to the Great Depression and Banking Crisis (Age: 70 years old, Period: 1929–1933, Location: Entire United States, Washington, D.C.)
1930	Rotary Dial Telephone Prohibition Resolution in the Senate (Age: 71 years old, Period: 1930, Location: Washington, D.C., U.S. Senate)
1932	Enactment of the Glass-Steagall Act (Age: 73 years old, Period: 1932–1933, Location: Washington, D.C., United States)
1933	Opposition to Franklin D. Roosevelt Regarding the New Deal (Age: 74 years old, Period: 1933–1940s, Location: Washington, D.C., United States) Assumption of Office as Senate Committee on Appropriations Chairman (Carter Glass, Age: 74 years old, Period: 1933–1946, Location: Washington, D.C., United States)
1940	Marriage (Carter Glass, Mary Scott Meade, Age: 82 years old, Period: June 27, 1940, Location: Amherst, Virginia, Ascension Episcopal Church)
1941	Assumption of Office as President pro tempore of the Senate (Carter Glass, Age: 83 years old, Period: July 11, 1941 – January 3, 1945, Location: Washington, D.C., United States)
1946	Death of George Carter Glass (Age: 88 years old, Period: May 28, 1946)

Map

Category
Element

United States World

Group	List
The Wilson Family	Thomas Woodrow Wilson Ellen Louise Axson Edith Bolling Galt Wilson James Woodrow
The Roosevelt Administration	Franklin Delano Roosevelt Anna Eleanor Roosevelt Cordell Hull Claude Augustus Swanson Jesse Holman Jones Robert Houghwout Jackson
Southern politician	George Carter Glass James Francis Byrnes Thomas Terry Connally Claude Denson Pepper Alben William Barkley Byron Patton Harrison John Nance Garner

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Carter Glass Banking Reforms

George Carter Glass

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