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" An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. "
Providing for Control and Regulation of Bank Holding Companies, Hearings ... - Page 90
by United States. Congress. Senate. Banking and Currency Committee - 1947 - 186 pages
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Federal Reserve Reform Act of 1977: Hearings Before the Committee on Banking ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - 1977 - 168 pages
...staff has just handed me a copy of the Federal Reserve Act. The purpose as stated at the beginning is "to provide for the establishment of Federal Reserve banks, to furnish an elastic currency, to furnish means of rediscounting commercial paper, and to establish a more effective supervision of banking...
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Federal Reserve Reform Act of 1977: Hearings Before the Committee on Banking ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - 1977 - 168 pages
...staff has just handed me a copy of the Federal Reserve Act. The purpose as stated at the beginning is "to provide for the establishment of Federal Reserve banks, to furnish an elastic currency, to furnish means of rediscounting commercial paper, and to establish a more effective supervision of banking...
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Monetarism, Inflation, and the Federal Reserve: Essays

1985 - 126 pages
...the facility survives. President Wilson signed the Federal Reserve Act into law on December 23, 1913, "to provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes" (preamble, Federal Reserve Act). In 1913,...
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The Budgetary Status of the Federal Reserve System: Hearings Before the ...

United States. Congress. Joint Economic Committee. Subcommittee on Economic Goals and Intergovernmental Policy - 1985 - 345 pages
...The Federal Reserve Act, signed Into law by President Woodrow Wilson on December 23, 1913, provided for: — the establishment of Federal reserve banks,...to furnish an elastic currency, to afford means of rediscountlng commercial paper, to establish a more effective supervision of banking In the United...
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The Budget of the Federal Reserve System and Legislation to Increase the ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy - 1986 - 543 pages
...The Federal Reserve Act. signed Into law by President Uoodrow Wilson on December 23. 1913. provided for: : ...the establishment of Federal reserve banks,...to furnish an elastic currency, to afford means of redlscountlng commercial paper, to establish a More effective supervision of banking In the United...
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The Budget of the Federal Reserve System and Legislation to Increase the ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy - 1986 - 543 pages
...Reserve Act. signed Into law by President Uoodrow Wilson on December 23, 1913. provided for: I ' * ...the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of redlscountlng commercial paper, to establish • anre effective supervision of banking In the United...
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Strengthening the Supervision and Regulation of the Depository Institutions ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1991
...Federal Reserve Act specifically mentions the role of the Fed in the supervisory process. It reads: "To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States , and for other purposes . " Against that background I must confess...
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Strengthening the Supervision and Regulation of the Depository Institutions ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1992
...Federal Reserve Act specifically mentions the role of the Fed in the supervisory process. It reads: •To provide for the establishment of Federal reserve...to furnish an elastic currency, to afford means of rediscount ing commercial paper, to establish a more effective supervision of banking in the • United...
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Compilation of Basic Banking Laws: Revised Through May 1, 1995, Volume 4

Government Printing Office Staff, United States, United States. Congress. House. Committee on Banking and Financial Services - 1995 - 1243 pages
...reserved. FEDERAL RESERVE ACT I ( i • . 719 FEDERAL RESERVE ACT» (38 Stat. 251; 12 USC 221 et seq.) To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. [SHORT TITLE AND DEFINITIONS] 11. Short title]...
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Economic Politics: The Costs of Democracy

William R Keech, William R. Keech - 1995 - 241 pages
...decisionmaking bodies and procedures, but was vague on goals. That act specified that the Fed was designed "to furnish an elastic currency, to afford means of...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes." Those goals were notably imprecise. The first...
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