answers: Charles Sumner Hamlin
context: Charles Sumner Hamlin Charles Sumner Hamlin (August 30, 1861 – April 24, 1938) was an American lawyer. He was the first Chairman of the Federal Reserve, serving from 1914 to 1916. Charles Sumner Hamlin was born to Anna and Edward Hamlin in Boston, Massachusetts on August 30, 1861, and graduated from Harvard University in 1886. His mother was born in England to Irish parents, while his father, a coal dealer, was from Massachusetts. From 1893 to 1897 and again from 1913 to 1914 he was the Assistant Secretary of the Treasury. He twice ran unsuccessfully for Governor of Massachusetts, in </s> William McChesney Martin William McChesney Martin Jr. (December 17, 1906 – July 27, 1998) was the ninth and longest-serving Chairman of the United States Federal Reserve Bank, serving from April 2, 1951, to January 31, 1970, under five presidents. Martin, who once considered becoming a Presbyterian minister, was described by a Washington journalist as "the happy Puritan". William McChesney Martin Jr. was born to William McChesney Martin Sr. and Rebecca Woods. Martin's connection to the Federal Reserve was forged through his family heritage. In 1913, Martin's father was summoned by President Woodrow Wilson and Senator Carter Glass to help write </s> Congress, "no greater misconception was ever projected in this Senate Chamber." Wilson named Warburg and other prominent experts to direct the new system, which began operations in 1915 and played a major role in financing the Allied and American war efforts. Warburg at first refused the appointment, citing America's opposition to a "Wall Street man", but when World War I broke out he accepted. He was the only appointee asked to appear before the Senate, whose members questioned him about his interests in the central bank and his ties to Kuhn, Loeb, & Co.'s "money trusts". The 1951 Accord, also
question: who was the first chairman of the federal reserve