1913: Fed's Formative YearsThe Fed's Formative Years period is 1913 through 1929.
1913: Federal Reserve Act SignedPresident Wilson signed the Federal Reserve Act on December 23, 1913.
1914: Reserve Bank Organization CommitteeReserve Bank Organization Committee announces selection of Reserve Bank cities and district boundaries
1914: Fed's Role During WWIThe Federal Reserve played an important role during WWI.
1914: Reserve Banks OpenThe Federal Reserve Banks opened for business on November 16, 1914.
1917: Liberty BondsWorld War I and Liberty Bonds
1927: McFadden ActThe Federal Reserve’s success led to the McFadden Act, which President Calvin Coolidge signed on February 25, 1927.