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Earn +20 ptsQ: Why did Wilson support the Federal reserve act?
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Continue Learning about American Government
In what year was the federal Reserve act passed?
1913
What do you think are the most important things the Wilson administration did to help working people?
Wilson supported the Federal Farm Loan Act, the Federal Workmen's Compensation Act, the Adamson Act, and the Keating-Owen Child Labor Act.
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
Which act of congress passed during the Wilson years helped the agricultural interests to borrow money?
Federal farm loan act
What did the designers of the federal reserve act hope to accomplish?
To increase public trust in all bank
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