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The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
- Federal Reserve Act
Federal Reserve. The Federal Reserve Act was passed by the...
- Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal...
- Chair
Appointment process Federal Reserve Chairs (Left to Right):...
- Structure of The Federal Reserve System
The twelve regional Reserve Banks supervise state member...
- Atlanta
The Federal Reserve Bank of Atlanta, (informally referred to...
- History of The Federal Reserve
The Federal Reserve System is the third central banking...
- Download as PDF
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- Philip Jefferson
Philip Nathan Jefferson (born 1961/1962) is an American...
- Kansas City
The Federal Reserve Bank of Kansas City is located in Kansas...
- Susan M. Collins
Susan M. Collins (born 1959/1960) is an American economist...
- Federal Reserve Act
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The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States ...
NameRegional BankTerm StartTerm EndSeptember 13, 2023January 31, 2026July 19, 2022January 31, 2032May 23, 2022January 31, 2036May 23, 2022January 31, 2038The Federal Reserve (sometimes called "The Fed") is the American central bank in Washington, D.C. It was founded in 1913. It lends money to other, smaller banks. The Federal Reserve Board is a group of financial leaders who work for the Federal Reserve and decide how much to charge these banks for borrowing money (this charge is called an ...
1913 to today. The Federal Reserve System is the central bank of the United States. Founded by an act of Congress in 1913, the Federal Reserve’s primary purpose was to enhance the stability of the American banking system. Marriner S. Eccles building, October 20, 1937 (Board of Governors of the Federal Reserve photo)