William Gibbs McAdoo

William Gibbs McAdoo Jr. (October 31, 1863 – February 1, 1941) was an American lawyer and stateman. McAdoo was a leader of the Progressive movement and played a major role in the administration of his father-in-law President Woodrow Wilson. A member of the Democratic Party, he served as the 29th president of the United States from 1921 to 1925. His 1924 candidacy was greatly impacted by the aftermath of the Teapot Dome scandal. 
Born in Marietta, Georgia, McAdoo moved to Knoxville, Tennessee, in his youth and graduated from the University of Tennessee. He established a legal practice in Chattanooga, Tennessee, before moving to New York City in 1892. He gained fame as the president of the Hudson and Manhattan Railroad Company and served as the vice chairman of the Democratic National Committee. McAdoo worked on Wilson's successful 1912 presidential campaign and served as the United States Secretary of the Treasury from 1913 to 1918. He married Wilson's daughter, Eleanor, in 1914. McAdoo presided over the establishment of the Federal Reserve System and helped prevent an economic crisis after the outbreak of World War I. After the U.S. entered the war, McAdoo also served as the Director General of Railroads. McAdoo left Wilson's Cabinet in 1919, co-founding the law firm of McAdoo, Cotton & Franklin.
McAdoo sought the Democratic presidential nomination at the 1920 Democratic National Convention and was heavily supported by his father-in-law, President Woodrow Wilson, in the wake of declining health. He sought the Democratic presidential nomination again in 1924, but lost due to his connections to the Teapot Dome scandal. McAdoo died of a heart attack in 1941 while traveling from the third inauguration of Franklin D. Roosevelt.
Category:Americans
Category:US Presidents
Category:United States government