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            | Topic: | History | 
        
            | Number of pages / Number of words: | 2 / 288 | 
                
    
    Essay's paper body
        
        
States. 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, with the signing of the Federal Reserve
Act by President Woodrow Wilson. Today, the Federal
Reserve's duties fall into four general areas:conducting the
nation's monetary policy by influencing money and credit
conditions in the economy in pursuit of full employment and
stable prices, regulating banking institutions to ensure the
safety of the nation's banking and financial system and to
protect the credit rights of consumers, maintaining the
stability of the financial system and providing certain
financial services to the U...
        
        
            Essay fragment
        
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States. 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, with the signing of the Federal Reserve
Act by President Woodrow Wilson. Today, the Federal
Reserve's duties fall into four general areas:conducting the
nation's monetary policy by influencing money and credit
conditions in the economy in pursuit of full employment and
stable prices, regulating banking institutions to ensure the
safety of the nation's banking and financial system and to
protect the credit rights of consumers, maintaining the
stability of the financial system and providing certain
financial services to the U...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
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