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Baruch, Bernard Mannes

Baruch entered public life in 1916. His interest in preparing America for entry into World War I led President Woodrow Wilson to appoint Baruch to the Business Advisory Commission to the Council of National Defense. After WWI, he became an elder statesman of the party. Although he had advised Republican presidents Harding, Coolidge, and Hoover, Democrats still knew the value of his support. Franklin Roosevelt relied on him for advice on policy during the Depression—despite Baruch’s occasional criticism of the New Deal—and turned to him to help guide both economic mobilization and demobilization for World War II.

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