Roy Archibald Young (May 17, 1882 – December 31, 1960) was an American banker who served as the 4th chairman of the Federal Reserve from 1927 to 1930.
During his tenure as chairman, the Wall Street crash of 1929 occurred, which signaled the beginning of the Great Depression.
He then worked as assistant cashier and joined the Citizens National Bank as vice president in 1913.
[5] During his term in office as chairman of the Federal Reserve Board there was confrontation between the Federal Reserve Board and the Federal Reserve Bank of New York under George L. Harrison of how to curb speculation that led inter alia to the stock market boom of the late 1920s.
The Board under Young disapproved this step, however Young himself was not fully convinced that the policy of using pressure would work and refused to sign the 1929 Annual Report of the Board because it contained parts favorable to this policy.