The United States Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913.
Federal Reserve Board, 1917
Fed Reserve
Federal Reserve Act
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The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central bank
History of the Federal Reserve System
…continued for a full year and were led by the subcommittee's counsel, Democratic lawyer Samuel Untermyer, who later also assisted in drafting the Federal Reserve Act. The "Pujo hearings" convinced much of the populace that America's money largely rested in the hands of a select few on Wall Street. The Subcommittee…
Thomas Woodrow Wilson, Harris & Ewing bw photo portrait, 1919 c