Answer:
<em>Federal Reserve Act:</em> The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.
Long title: An Act to provide for the establish...
Enacted by: the 63rd United States Congress
Public law: 63-43 Pub.L. 63–43
<em>Sherman Antitrust Act: </em><em>The Sherman Antitrust Act of 1890 is a federal statute which prohibits activities that restrict interstate commerce and competition in the marketplace. The Sherman Act was amended by the Clayton Act in 1914. The Sherman Act is codified in 15 U.S.C. §§ 1-38.</em>
Explanation:
<em>Mann-Elk ins Act: </em>Among the significant pieces of legislation passed by Congress during Taft's presidency was the Mann-Elkins Act of 1910, empowering the Interstate Commerce Commission to suspend railroad rate hikes and to set rates. The act also expanded the ICC's jurisdiction to cover telephones, telegraphs, and radio.
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<em>16th Amendment: </em>The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
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