Born in Randolph, Utah. Received B. A. from Weber College in Ogden, Utah, in 1928. Married Lenora Bingham November 4, 1925. They had four daughters. Received A.M. in 1935 and LL.B. from George Washington University in 1937.

Served on the staff of the board of governors of the Federal Reserve System 1930 to 1946. Employed by the Continental Illinois National Bank and Trust Company 1946 to 1953. Elected president of the bank in 1956 and served as CEO 1959 to 1969.

Appointed Secretary of the Treasury by President Nixon and served January 22, 1969, to December 14, 1970. His signature appears on Federal Reserve Notes, series of 1969. He served as ambassador to NATO 1971 to 1973.

Kennedy appears on a mint medal (USM 223) as one of the series for Secretaries of the Treasury. Obverse was by Frank Gasparro; reverse was by Philip Fowler.

Kennedy appears on the Assay Commission Medal for 1970 (AC-114). The obverse was reduced from the regular Kennedy medal.

He died at home in Salt Lake City.

bio: BDEB; CBY 1969; IntWW 92-93; WW 93; WWA 78

profile: CW 12/24/68, BNR 10/97

obit: CW 5/20/96