Retrieving "Federal Reserve Act Of 1913" from the archives

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1. Federal Reserve

   Linked via "Federal Reserve Act of 1913"

   The Federal Reserve System (The Fed)/), often termed the Fed, is the central banking system of the United States. Established by the Federal Reserve Act of 1913, its primary mandate involves conducting the nation's monetary policy, supervising and regulating banking institutions, maintaining the stability of the financial system, and provi…

2. Federal Reserve

   Linked via "Federal Reserve Act of 1913"

   The impetus for creating a central banking entity arose from recurring liquidity crises, notably the Panic of 1907. Unlike European counterparts such as the Bank of England, the US financial structure resisted central authority due to deeply ingrained suspicions regarding concentrated financial power. The Aldrich-Vreeland Act of 1908 established the [National Monetary…