What did the Federal Reserve Act of 1913 do?

What did the Federal Reserve Act of 1913 do? The 1913 Federal Reserve Act is legislation in the United States that created the Federal Reserve System. 1 Congress passed the Federal Reserve Act to establish economic stability in the U.S. by introducing a central bank to oversee monetary policy. What did the Federal Reserve Act … Continue reading What did the Federal Reserve Act of 1913 do?