Serving as the central banking system and monetary authority of the United States, The
Federal Reserve System contains a great amount of importance in today's economy. Founded by
Congress in 1913, the system was made to provide a safer, more flexible monetary and financial
environment. Acting as the nation's financial institution, the Federal Reserve System has
Some common words found in the essay are: Edge Act, Reserve System, Reserve Districts, Founded Congress, Board Governors, Policy Serving, Vice Chairman, federal reserve, System Fed, Federal Reserve, reserve system, St Louis, federal reserve system, system monetary, Approximate Word count = 302 Approximate Pages = 1 (250 words per page double spaced)