No — and the conspiracy breaks down on the first premise alone.
The Federal Reserve didn't exist yet. The Fed was created by the Federal Reserve Act, signed December 23, 1913. The Titanic sank April 15, 1912 — nearly twenty months before the institution existed. There was no Fed to be against.
The named "victims" don't actually fit the claims.
- Jacob Schiff — the one real Fed opponent in this story, and he's usually the centerpiece. He died in 1920 at home in New York at age 73. He wasn't on the Titanic.
- Paul Warburg — sometimes listed as a Titanic victim. He was supposed to sail on it but canceled, and he survived. He also helped design the Federal Reserve (drafting the Aldrich Plan) rather than oppose it.
- Benjamin Guggenheim — actually did die on the Titanic, but he was a mining magnate whose passion was opera and philanthropy, not central-bank politics.
- John Jacob Astor IV — the richest man aboard, and a Republican who declined a lifeboat seat. No documented record of Fed opposition.
The myth traces to 1998, when author Eustace Mullins and a made-for-TV Titanic movie promotion stitched together a list of prominent names — regardless of what those people actually believed about banking or whether they were even on the ship.
So no silenced opposition, no coordinated hit list, just an iceberg — and a target institution that hadn't been created yet.