December 23, 1913, Federal Reserve Act (6h 27min, dec 23, 1913 y – 10h 31min, jan 9, 1914 y)
Description:
the National Bank. The Act established the Federal Reserve System as the central bank of the United States to provide the nation a safer, more flexible, and more stable Monetary and Financial system. Sets out the purposes, structure, and functions of the system.Added to timeline:
Date:
6h 27min, dec 23, 1913 y
10h 31min, jan 9, 1914 y
~ 17 days