Federal Reserve Act

NOTE: The Federal Reserve Act created the Federal Reserve System, composed of the Federal Reserve Board, 12 Federal Reserve Banks, member banks, and the Federal Advisory Council.

RELATED SUBJECTS:

• Broader term: Law and legislation

VARIANT NAMES:

• Federal Reserve Act of 1913
• Public Law 63-43
• United States. Act to Provide for the Establishment of Federal Reserve Banks, to Furnish an Elastic Currency, to Afford Means of Rediscounting Commercial Paper, to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes