First one to answer gets a brainly How the Federal Reserve System was created ?

English

1 answer:

bazaltina [42]3 years ago

5 0

Answer:

It was created by Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. The House took up the issue first and passed a bill in September, after which the Senate Banking Committee began holding hearings.

Explanation:

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