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sep 1, 1913 - Federal Reserve Act

Description:

Congress developed the Federal Reserve Act to establish economic stability in the United States by introducing a central bank to oversee monetary policy

Gave the 12 Federal Reserve banks the ability to print money to ensure economic stability.

• Woodrow Wilson

Added to timeline:

APUSH Timeline

BySolana Barratt
2 Jun 2021
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Date:

sep 1, 1913
Now
~ 111 years ago
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