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Pujo Committee information


Members of the Pujo Committee

The Pujo Committee was a United States congressional subcommittee in 1912–1913 that was formed to investigate the so-called "money trust", a community of Wall Street bankers and financiers that exerted powerful control over the nation's finances. After a resolution introduced by congressman Charles Lindbergh Sr. for a probe on Wall Street power, congressman Arsène Pujo of Louisiana was authorized to form a subcommittee of the House Committee on Banking and Currency. In 1913–1914, the findings inspired public support for ratification of the Sixteenth Amendment that authorized a federal income tax, passage of the Federal Reserve Act, and passage of the Clayton Antitrust Act.

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Pujo Committee

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The Pujo Committee was a United States congressional subcommittee in 1912–1913 that was formed to investigate the so-called "money trust", a community...

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Money trust

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a powerful few. This idea was validated in the United States by the Pujo Committee in 1913 which unanimously determined that a small cabal of financiers...

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Panic of 1907

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The chair of the House Committee on Banking and Currency, Representative Arsène Pujo (D–La. 7th), convened a special committee to investigate a "money...

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History of banking in the United States

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com/doc/34121180/Pujo-Committee-Report-Report-of-the-Committee-Appointed-Pursuant-to-House-Resolutions-429-and-504-1912-1913-Pujo-Committee-Report Teresed...

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History of investment banking in the United States

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com/doc/34121180/Pujo-Committee-Report-Report-of-the-Committee-Appointed-Pursuant-to-House-Resolutions-429-and-504-1912-1913-Pujo-Committee-Report "A Snapshot...

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Samuel Untermyer

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the Committee on Banking and Currency of the U.S. House of Representatives, then headed by Arsène Pujo. Untermyer was counsel-investigator to the Pujo Committee...

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Federal Reserve Act

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Indeed, from May 1912 through January 1913 the Pujo Committee, a subcommittee of the House Committee on Banking and Currency, held investigative hearings...

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History of United States antitrust law

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Competition"—J. P. Morgan by Art Young. Cartoon relating to the answer J. P. Morgan gave when asked whether he disliked competition at the Pujo Committee....

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Maurice Pujo

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Maurice Pujo (French: [mɔʁis pyʒo, moʁ-]; 26 January 1872 – 6 September 1955) was a French journalist and co-founder of the nationalist and monarchist...

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History of the Federal Reserve System

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Rep. Arsène Pujo, a Democrat from Louisiana, obtained congressional authorization to form and chair a subcommittee (the Pujo Committee) within the House...

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Anaconda Copper

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son Percy Rockefeller to help with leadership. In 1912 and 13, the Pujo Committee investigated William Rockefeller and others for allegedly earning $30...

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Financialization

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concentration of the economic power of the U.S. finance sector, such as the Pujo Committee of the U.S. House of Representatives, which in 1912 found that control...

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Jagaddhatri

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of this pujo committee is that pujo is performed in a specific area but people from different locations of Bankura are associated with this pujo. In their...

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14 Wall Street

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opened. After Bankers Trust was investigated by the U.S. Congress's Pujo Committee for monopolistic practices, J.P. Morgan & Co. built another structure...

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Pecora Commission

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crash of Wall Street and the resultant economic crisis and recession. Pujo Committee United States v. Morgan (1953) (the “Investment Bankers Case”) Ruggeri...

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United States House Committee on Financial Services

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United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency...

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Astor Trust Company

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Netherland Trust was shortly to have begun business. In 1912, during the Pujo Committee inquiry, Astor Trust was included in the presentation that showed that...

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Charles Sanger Mellen

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and other efforts led him to be summoned to give testimony before the Pujo Committee. Morgan died on March 31, 1913. Mellen shouldered the burden of testifying...

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Fourth National Bank of New York

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to the takeover, Cannon testified before Samuel Untermyer during the Pujo Committee money trust hearings in 1911. In May 1914, the directors of the Fourth...

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Global financial system

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last resort. The system's design also considered the findings of the Pujo Committee's investigation of the possibility of a money trust in which Wall Street's...

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Durga Puja

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awakening of Durga"), Sharadiya pujo ("autumnal worship"), Sharodotsab ("festival of autumn"), Maha pujo ("grand puja"), Maayer pujo ("worship of the Mother")...

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