Industry: Bank

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Chairperson: Jerome Powell Founder: United States Congress Founded: 23 December 1913 Headquarters: Washington, D.C., United States Central bank of: United States of America Jurisdiction: United States of America

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