The Federal Reserve System was established in 1913 in reaction to a history of financial instability and other economic challenges.
Federal Reserve Act Signed
The Federal Reserve Act became law in December 1913, culminating three years of debate
Meeting at Jekyll Island
The 1910 gathering that laid the Fed’s foundations
National Bank Acts
The National Banking Acts of 1863 and 1864 marked an important moment in the development of the U.S. banking system.
Second Bank of the U.S.
The nation made its second attempt at creating a central bank in 1816
First Bank of the U.S.
Hamilton's grand experiment in central banking began in 1791