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August 1, 2025
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Banking Timeline
Category:
Other
Updated:
10 Jan 2023
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143
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Created by
KeanuKawata
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Events
To help fund the Civil War, Congress printed “greenbacks"
National Bank Act was passed
The Gold Standard Act
The Federal Reserve Act was passed
The U.S. began to abandon the Gold Standard
President Nixon officially ends the Gold Standard
The Banking Act was passed
Emergency Economic Stabilization Act
Periods
The Continental Congress issued Continental Currency
The Free Banking Era
The California Gold Rush increased the amount of gold coins
A “bank holiday” was declared by President Franklin Delano Roosevelt
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