Pujo Committee and Samuel Untermyer

The very bankers that the Pujo Committee and its lawyer issued the report against ARE THE SAME BANKERS THAT GOT THE FEDERAL RESERVE ACT PASSED!  Richard Duke

“After completing its investigation, lead by the Democrat lawyer Samuel Untermyer, who later also assisted in preparing the Federal Reserve Act, the committee issued a majority report that found that a cabal of financial leaders was abusing their public trust to consolidate control over many industries. Although Pujo left Congress in 1913, the findings of the committee inspired public support for ratification of the Sixteenth Amendment in 1913, passage of the Federal Reserve Act that same year, and passage of the Clayton Antitrust Act in 1914. They were also widely publicized in the Louis Brandeis book, “Others People’s Money–and How the Bankers Use It”.


Samuel Untermyer: