Louis Thomas McFadden


Louis Thomas McFadden was a Republican member of the United States House of Representatives from Pennsylvania, serving from 1915 to 1935. A banker by trade, he was an opponent of the Federal Reserve System and was the chief sponsor of the 1927 McFadden Act, which limited federal branch banks to the city in which the main branch operates.

McFadden was born in Granville Center, Troy Township, Bradford County, Pennsylvania. He graduated from Warners Commercial College in Elmira, New York. In 1892, he entered the employ of the First National Bank in Canton, Pennsylvania.

Source: Wikipedia


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