Money, Power, and the People: The American Struggle to Make Banking Democratic. By Christopher W. Shaw. Chicago: University of Chicago Press, 2019. 400 pp. Notes, index. Cloth, $30.00. ISBN: 978-0-226-63633-7

The book begins with the Panic of 1907 and shows how it elicited calls for the government to guarantee bank deposits and to create postal savings banks. [...]many of the same characters from the 1890s, such as William “Coin” Harvey and Jacob Coxey, found large followings in the 1930s. Subtle banker efforts in Congress, and extensive post-enactment banker control over everything from the Federal Farm Loan Banks to the Home Owners’ Loan Corporation, meant even popular victories could be turned to the benefits of banks.