Federal Reserve Act: Difference between revisions
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Latest revision as of 22:04, 4 October 2011
- This article uses content from the Wikipedia article on Federal Reserve Act under the terms of the CC-by-SA 3.0 license.
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the Act of Congress that created the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue legal tender. The Act was signed into law by President Woodrow Wilson.