After the
February Revolution of 1917, Menzhinsky returned to Russia in the summer of that year and joined the
Mezhraiontsy, an independent faction whose leading figure was
Leon Trotsky who merged with the
Bolsheviks in August 1917. A few days after the
Bolshevik Revolution, he was appointed People's Commissar for Finance. His first act in this post was to drag a large sofa into his office, tacked a notice on it saying 'Commissariat of Finance', and lay down on it. Lenin came in and found him asleep. When officials at the Russian State Bank refused to recognise the new regime, Menzhinsky had the director and others arrested. According to G. von Schantz, Menzhinsky "personally conducted the wrecking of the Russian banks, a maneuver that deprived all opponents of
Bolshevism of their financial means of warfare." In April 1918, Menzhinsky was appointed Soviet consul general in Berlin, but in November, he was expelled, along with the Ambassador
Adolph Ioffe. Posted to Ukraine, he joined
Cheka in 1919, and five years later became a deputy chairman of its successor, the
OGPU. After
Felix Dzerzhinsky's death in July 1926 Menzhinsky became the chairman of the OGPU. Menzhinsky played a great role in conducting the secret
Trust and
Sindikat-2 counterintelligence operations, in the course of which leaders of large anti-Soviet centers abroad,
Boris Savinkov and
Sidney Reilly, were lured to the Soviet Union and arrested. Meanwhile, the
Chekist, Menzhinsky was loyal to
Joseph Stalin, whose
personality cult had already begun to form, coinciding with several important purges in 1930 to 1931. == Death ==