The Federal Reserve's History
The Federal Reserve System (“Fed”) is the central bank of the United States. This website serves as a gateway to the history of the Federal Reserve for educators, students, and the general public. The site's purpose is to help demystify the Fed and its role in the economy and to explain how the Fed and its mission have evolved. Learn more in this overview essay on the Fed's history
Glass-SteagallThe Banking Act of 1933 expanded the Fed's regulatory duties as part of its sweeping changes to the financial system.
Image Description: Glass-Steagall
Image Source: Bettmann/Bettmann/Getty Images
Our "Teaching and Learning" page provides links to classroom and research resources for teachers, students, librarians, and anyone else interested in learning more about the story of the Federal Reserve and its role in United States history. View classroom resources
Learn more about the structure and function of the Federal Reserve System, including the three-part organization of the Fed and its five core duties.
A page for Austan Goolsbee, the Chicago Fed's new president, has been added (2023-01-09)
Economist Jonathan Rose has been named the new Federal Reserve Historian. In this role he will help preserve and promote the history of the U.S. central bank and its policy actions. (2022-11-07)
A page for the Dallas Fed's new president, Lorie K. Logan, has been added. (2022-08-22)