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dec 23, 1913 - Federal Reserve Act

Description:

Established the Central Bank
Created the Reserve Bank and 12 regional banks controlled by the federal government
Established the Federal Deposit Insurance Corporation and Federal Trade Commission
Regulated trusts with the Clayton Antitrust Act
Stopped unfair trade and business
First time the US would have a national bank since Jackson destroyed the 2nd BUS

Added to timeline:

APUSH Dates

ByLydia
10 May 2018
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0
5630

Date:

dec 23, 1913
Now
~ 111 years ago
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