History of the Federal Reserve

  • Woodrow Wilson signs Federal Reserve Act

  • All 12 locations of regional Federal Reserve Banks are open

  • Passage of the McFadden Act

  • Black Monday - Stock Market Crash

  • President Roosevelt freezes bank activity

    All bank activites were stopped for a week.
  • The bank-reforming Glass-Steagall Act passes

  • Banking Act of 1935

    Completes the restructuring of the Federal Reserve
  • Treasury-Fed Accord

    Treasury and Fed release statement that they have reached an accord that laid foundation for modern Federal Reserve
  • Fed releases anti-inflation action plan

  • FDIC Improvement Act

  • Terrorist attacks on United States

    The terrorist attacks on the US disrupted the US financial markets and put the Federal Reserve to the test.
  • Dodd-Frank Act