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aug 19, 1913 - Federal Reserve Bank

Description:

it established a government-controlled, decentralized banking system for the US. Was enacted on December 23, 1913. A key component was the creation of the Federal Reserve System, granting broad powers over the country’s banking institutions and subsequently the national economy.

Added to timeline:

15 May 2018

Date:

aug 19, 1913
Now
~ 110 years ago