Woodrow wilson established which government institution to secure the us banking system?

Question

Woodrow Wilson established which government institution to secure the U.S. banking system?
a. New Nationalism
b. New Freedom
c. Federal Trade Commission
d. Federal Reserve Board

Anonymous · Accepted Answer

B new freedomExplanation:

Anonymous · Answer

Federal Reserve Board Explanation:On the evening of the 23th December 1913, President Woodor Wilson signed the Federal Reserve Act to create the Federal Reserve Board, that would form the cental banking system of the United States, this is seeing as one of the most important act ever signed in matter of domestic politics.

Anonymous · Answer

The correct answer to this open question is the following.Woodrow Wilson established the Federal Reserve to secure the United States banking system.The Federal Reserve, commonly called the Fed, plays the role of the Central Bank in the United States. It was President Woodrow Wilson who signed the Federal Reserve Act into law on December 23, 1913, From that moment, the Federal Reserve supervises the monetary policy in the US, oversees the banking system, and procures for the "healthy" condition of the United States financial system.

Anonymous · Answer

The Federal Reserve was created on December 23, 1913, under President Woodrow Wilson, after he signed the Federal Reserve Act into law

Krystina Hartmann · Answer

Woodrow Wilson established the Federal Reserve to secure the US banking system.Explanation:The Federal Reserve is the US central bank. The system consists of twelve Federal Reserve Banks and a politically appointed management. The top tier of the system is the Board of Governors located in Washington D.C. This board is appointed by the President of the United States and approved by the Senate. Under the board comes the Federal Open Market Committee, which has the main responsibility for the country's monetary policy. This committee consists of the Board of Governors and the chairmen of five of the twelve Federal Reserve Banks. Among these are the twelve banks, which largely handle the practical tasks of the central bank system.The Federal Reserve System was created by President Woodrow Wilson through the Federal Reserve Act in 1913, in conjunction with Congress Representative Carter Glass and Senator Robert L. Owen. The United States had then gone many years without a central bank, but various banking crises had led to demands that the banking system had to be regulated and supported by a central bank.

Anonymous · Answer

Federal Resere Board

Anonymous · Answer

I believe it is the Federal Trade Commission.

Anonymous · Answer

Wilson created the Federal Reserve to help stabilize currency

Anonymous · Answer

Woodrow Wilson established Federal Reserve System to secure the US banking system.

Anonymous · Answer

Federal Reserve Board.

Anonymous

Woodrow wilson established which government institution to secure the us banking system?

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