Ideologies / Fiscal Conservative / Andrew Mellon
§ The minds · 1855–1937 · United States · Treasury Secretary
Andrew Mellon
The Mellon Plan
Cut taxes, cut debt, free the market.
Economic+78
SocialistMarket
Governance+6
LibertarianAuthoritarian
Social−46
TraditionalProgressive
The banker-financier who, as Treasury Secretary through the 1920s, made tax-cutting and debt-reduction the orthodoxy of American fiscal conservatism — 'three presidents served under him.'
social
Gilded-Age banker traditionalist.
economic
Slashed top tax rates and the national debt across the 1920s boom.
governance
Pragmatic institutional steward of the Treasury under three presidents.
Notable for
- The 'Mellon Plan' tax cuts
- Cut the national debt in the 1920s
- Treasury Secretary 1921–1932
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