<P> The Federal Reserve Act ( ch. 6 , 38 Stat. 251 , enacted December 23 , 1913 , 12 U.S.C. § § 221 to 522 ) is an Act of Congress that created and established the Federal Reserve System ( the central banking system of the United States ) , and which created the authority to issue Federal Reserve Notes ( commonly known as the US Dollar ) as legal tender . The Act was signed into law by President Woodrow Wilson . </P>
<P> The Federal Reserve Act ( ch. 6 , 38 Stat. 251 , enacted December 23 , 1913 , 12 U.S.C. § § 221 to 522 ) is an Act of Congress that created and established the Federal Reserve System ( the central banking system of the United States ) , and which created the authority to issue Federal Reserve Notes ( commonly known as the US Dollar ) as legal tender . The Act was signed into law by President Woodrow Wilson . </P>
who was president when the federal reserve was created
who was president when the federal reserve was created
Woodrow Wilson
Woodrow Wilson