Her expertise is in personal finance and investing, and real estate. The 1913 Federal Reserve Act is the legislation that created the Federal Reserve System in the United States. The law was ...

A series of panics and bank runs in 1873, 1893 and 1907 prompted Congress to pass the Federal Reserve Act in 1913, which created the Federal Reserve system that remains in place today. Some of the ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic ...

The Fed was created after President Woodrow Wilson signed the Federal Reserve Act in December 1913. While the architects who helped create the Fed had many objectives when creating this system ...

In response, Congress passed—and President Woodrow Wilson signed into law—the 1913 Federal Reserve Act, which created ... and economists debate the definition of full employment but generally ...

financial institutions typically must meet the definition of a depository institution, as defined in the Federal Reserve Act. Some institutions that do not meet the definition of a depository ...