The Federal Reserve
The history, structure, and role of the Federal Reserve System — the central bank that issues every dollar in circulation today.
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The Federal Reserve Act of 1913
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The law that created America's central bank — its causes, passage, key provisions, and lasting legacy on the U.S. dollar.
Read →The Structure of the Federal Reserve System
How the Fed is organized — the Board of Governors, 12 regional banks, the FOMC, and how they work together to run U.S. monetary policy.
Read →The Fed and U.S. Currency
How Federal Reserve Notes are created, ordered, issued, and eventually destroyed — the complete lifecycle of the modern American dollar.
Read →A History of the Federal Reserve: 1913 to the Present
From its founding during the Progressive Era through the Great Depression, World War II, stagflation, the 2008 crisis, and COVID-19 — the Fed's history in context.
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