National Park Service and Federal Reserve Act



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Period 7 American Empire, 1890-1945

National Park Service and Federal Reserve Act

National Park Service and Federal Reserve Act



Both the National Park Service and Federal Reserve Act were started by President Woodrow Wilson during his presidency (1902 to 1910).
The National Park Service

(NPS) is an agency of the United States federal government that manages all U.S. national parks, American national monuments, and more. It was created on August 25, 1916, by Congress through the National Park Service Organic Act. It is an agency of the United States Department of the Interior.






The Federal Reserve Act

The Federal Reserve Act (created in December 23, 1913) is an Act of Congress that created and established the Federal Reserve System, the central banking system of the United States, and grave it the legal authority to issue Federal Reserve Notes (now known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender.

The 1913 U.S. legislation that created the current Federal Reserve System. The Federal Reserve Act intended to establish a form of economic stability through the introduction of the Central Bank, which would be in charge of monetary policy, into the United States. The Federal Reserve Act is perhaps one of the most influential laws concerning the U.S. financial system.

 http://www.investopedia.com/terms/f/1913-federal-reserve-act.asp#ixzz3wh7eI2eY


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