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Category:	Politics
Word Count:	843
Featured Papers from DirectEssays 1. FEDERAL RESERVE 2. Federal Reserve System 3. Federal Reserve System and Monetary Policy 4. Federal Reserve System 5. Federal Reserve System

	Federal Reserve System
	The Federal Reserve System or “Fed” was founded in 1913 by Congress. It is the central banking system of the U.S. and provides our nation with a safer and more secure monetary and economic system. It was ratified when President Woodrow Wilson signed the Federal Reserve Act of 1913. The purpose of the Federal Reserve System is to regulate banks, apply monetary policy, and to issue and buy the United States Treasury bonds. Monetary policy is the policy of managing the supply of money

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Federal Reserve System