1913 Federal Reserve Act: Definition and Why It's Important

The 1913 Federal Reserve Act created the current Federal Reserve System and introduced a central bank to oversee U.S.
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50 Dollars, Federal Reserve Bank Note, United States, 1918

IIIF provides researchers rich metadata and media viewing options for comparison of works across cultural heritage collections. Visit the IIIF page to learn more. Obverse Image: Portrait of Ulysses S.

U.S. Treasury vs. Federal Reserve: What’s the Difference?

The Fed is a separate agency from the U.S. Treasury, but both are responsible for keeping the economy stable. Here's the ...
San Francisco Fed

National Stability

Federal Reserve notes were first issued by Federal Reserve Banks in 1914. The Federal Reserve System was established by the Federal Reserve Act of 1913, which, in part, called for the creation of an ...