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Earn +20 ptsQ: In what year was the federal Reserve act passed?
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Continue Learning about American Government
What is the worst act US congress passed?
By far the worst Act Congress has ever passed has been the Federal Reserve act of 1913. This act put our currency into control of a private bank and has caused great harm to America's economy ever since. See the book The Creature From Jekyll Island by Edward Griffin.
The Federal Reserve Act of 1913 guaranteed a substantial measure of public control over the American banking system through the final authority given to the whom?
Federal Reserve Board
Why was the Federal Election Campaign Act passed?
because he felt like it
The first major federal legislation passed to encourage competition in the US was the?
Sherman Antitrust Act was the first major federal legislation passed to encourage competition in the United States.
What did the designers of the federal reserve act hope to accomplish?
To increase public trust in all bank
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