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Federal Reserve Act of 1913

   Also found in: Wikipedia 0.04 sec.
Federal Reserve Act of 1913
Federal legislation that established the Federal Reserve System.

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senator and, as chairman of the House Committee on Banking and Currency, one of the major architects of the Federal Reserve Act of 1913.
The Federal Reserve Act of 1913 gave to the Federal Reserve central control over currency issuance, but the Congress gave responsibility for designing U.
The Federal Reserve Act of 1913 and the Clayton Antitrust Act of 1914 establish the Federal Reserve Board and the Federal Trade Commission, respectively.
 
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