Explore the Federal Reserve's History
Gold Convertibility Ends
Nixon ended gold convertibility in 1971
Featured Person
Arthur F. Burns
Burns was among those who advised Nixon on his plan to stave off inflation and address other economic issues in 1971.
Learn about the people who helped shape the Federal Reserve.
PeopleThe Fed's Functions
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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