The 1913 Federal Reserve Act was a U.S. legislation that created the current Federal Reserve System. The Act intended to establish a form of economic stability in the United States through Central Banking<span>, which would be in charge of </span>monetary policy<span>. The Federal Reserve Act is perhaps one of the most influential laws concerning the U.S. </span>financial system we have. <span>c.) The federal reserve. now FDIC does have a part in it but it was not put in originally. the FDIC really has to do with the support of banks when they fail or </span><span>State chartered banks that are not members of the </span><span>Federal Reserve System.</span>
