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
Community Reinvestment
The October 1977 Community Reinvestment Act requires banks to serve the needs of the communities in which they do business.
Image Description: Community Reinvestment
Image Source: National Archives
For Educators
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.
What's New
A new essay on the Fed's emergency lending powers under section 13(3) of the Federal Reserve Act has been added (2022-05-12)
A page explaining our update and revision policy has been added to the site (2022-05-12)
Biographies of some Fed officials have been updated to reflect recent retirements and resignations. (2022-01-18)
