John W. Pole

John William Pole (December 9, 1870 – May 1, 1958) was a United States Comptroller of the Currency from November 21, 1928 to September 20, 1932.[1]

John W. Pole
17th Comptroller of the Currency
In office
November 21, 1928 - September 20, 1932
PresidentCalvin Coolidge
Herbert Hoover
Preceded byJoseph W. McIntosh
Succeeded byJ. F. T. O'Connor
Personal details
Born(1870-12-09)December 9, 1870
Kings Lynn, England
DiedMay 1, 1958(1958-05-01) (aged 87)
Fairfield, Illinois, United States
Alma materInstitution of Civil Engineers
Occupationbank examiner

Pole was a native of England. He was appointed a national bank examiner in 1915 and subsequently chief examiner for the Sixth Federal Reserve District.[2]

Pole was serving as chief national bank examiner of the United States when President Calvin Coolidge appointed him Comptroller. His administration witnessed the financial boom that led up to 1929 and the crash that followed. Pole advocated allowing more liberal branch banking to reduce the number of small, weak banks and as an alternative to the formulation of holding companies that were being organized on a large scale. Pole later resigned to enter private business.

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.