Oliver S. Powell (September 17, 1896 â July 26, 1963) was an American economist, educator and author who was a member of the Federal Reserve Board of Governors from 1949 to 1952. After leaving the Federal Reserve Board, Powell was elected as president and CEO of the Federal Reserve Bank of Minneapolis from 1952 to 1957.
He was born in White Rock, South Dakota. Powell married Ada. He had a daughter and two sons, Mrs. W. R. Jerome, Richard O. and Robert B. He lived on Casco Avenue in Edina, Minnesota. He died on July 25, 1963. He was buried in Lakewood Cemetery.