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Dahasolnce [82]
3 years ago
13

HURRY PLESSSSSS What established the Federal Reserve system? What year?

History
2 answers:
Ad libitum [116K]3 years ago
8 0

Answer: it was created by congress to provide the nation with a safer, more flexible, and more established monetary and financial system. The federal reserve act was created on December 23,1913, when president Woodrow Wilson signed the federal reserve act into law

Bas_tet [7]3 years ago
7 0

Answer:

December 23, 1913

Explanation:

it was created on December 23, 1913, with the enactment of the Federal Reserve Act.

after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

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