federal reserve act of 1913 การใช้

• Other recommendations influenced later legislation, including the Federal Reserve Act of 1913.
• The Federal Reserve Act of 1913 gave the Federal Reserve authority to set monetary policy in the United States.
• Roosevelt called the new law " the most important " banking legislation since the Federal Reserve Act of 1913.
• The passing of the Federal Reserve act of 1913 carried implications both domestically and internationally for the United States economic system.
• He also opposes the Federal Reserve Act of 1913 and the Federal Reserve's control of the money supply and interest rates.
• Pierce Nelson of the Federal Reserve Bank of Atlanta explained that Congress created the Federal Reserve Banks as part of the Federal Reserve Act of 1913.
• He voted against the Federal Reserve Act of 1913, after gaining a concession that no banker would initially be appointed to the Federal Reserve Board.
• The Commission's reports and recommendations became one of the principal bases in the enactment of the Federal Reserve Act of 1913 which created the modern Federal Reserve system.
• There are twelve in total, one for each of the twelve "'Federal Reserve Districts "'that were created by the Federal Reserve Act of 1913.
• Passage of the Federal Reserve Act of 1913 was one of Wilson's most enduring legislative accomplishments, for he successfully negotiated a compromise between Wall Street and the agrarians.
• He argued that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the United States Constitution by creating a " central bank of issue " for the United States.
• The movie argues that this manipulation is responsible for a 96 % devaluation of American currency, since it was made possible to increasingly sever the link with gold backing by the Federal Reserve Act of 1913.
• The Federal Reserve Act of 1913 curbed Morgan's power as the lender of last resort among American bankers by establishing the system of 12 regional banks owned by their members and the central bank in Washington.
• For example, passage of the Federal Reserve Act of 1913 was intended to pre-empt bank runs and financial panics by providing for a currency that could expand and contract with the seasons, like the population of the Hamptons.
• In this capacity, and working with the administration of President Woodrow Wilson, Owen was to be the Senate sponsor of the Federal Reserve Act of 1913, also known as the Glass-Owen Act, which created the Federal Reserve System.
• The last major form of legislation preceding the Federal Reserve Act came in 1908 with the Aldrich-Vreeland Act, which was the initial response the Panic of 1907, and established the National Monetary Commission, which recommended the Federal Reserve act of 1913.
• Edge also sponsored the Edge Act, a 1919 Amendment to the Federal Reserve Act of 1913, which allowed National Banks ( any banking institution chartered by the Office of the Comptroller of the Currency ) to engage in international banking through federally chartered subsidiaries.
• A Democrat active in many progressive causes, including efforts to strengthen public control of government, and the fight against child labor, Owen is especially remembered as the Senate sponsor of the Glass-Owen Federal Reserve Act of 1913, which created the Federal Reserve System.
• A 2011 study by the Government Accountability Office found that " on numerous occasions in 2008 and 2009, the Federal Reserve Board invoked emergency authority under the Federal Reserve Act of 1913 to authorize new broad-based programs and financial assistance to individual institutions to stabilize financial markets.
• The Federal Reserve Act of 1913 established the present day Federal Reserve System and brought all banks in the United States under the authority of the Federal Reserve ( a quasi-governmental entity ), creating the twelve regional Federal Reserve Banks which are supervised by the Federal Reserve Board.