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Explore the Federal Reserve's History

William McChesney Martin is sworn in as Chairman of the Federal Reserve Board of Governors by Chief Justice Fred Vinson, as his predecessor, Thomas B. McCabe, looks on.

Treasury‑Fed Accord

The 1951 agreement that laid the foundation for the modern Federal Reserve

Understand key economic events that impacted U.S. History.

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William McChesney Martin Jr.

William McChesney Martin Jr.

While he was assistant secretary of the Treasury, Martin helped negotiate the Treasury-Fed Accord.

Learn about the people who helped shape the Federal Reserve.


The Fed's Functions

Federal Reserve Building

Did you know that the Fed's responsibilities include conducting monetary policy, supervising and regulating and providing services to financial institutions?

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Essays By Topic

Below are the essays by topic on the Federal Reserve History website.

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