biography
pronunciation:
[ruhml]
| sex:
| male
|
| lived:
| (1894–1960)
|
| biography:
| Public official, born in Cedar Rapids, Iowa, USA. He joined R H Macy and Co (1934–49, chairman 1945–9) and the New York's Federal Reserve Bank (director 1937–47, chairman 1941–7), and acted as a ‘New Deal’ adviser. He devised the federal tax witholding system (1943), and was instrumental in establishing the International Monetary Fund (1944). |
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