The Federal Reserve works to promote a safe, efficient, and accessible system for U.S. dollar transactions.
Gold Convertibility Ends
President Nixon's 1971 economic plan, sometimes referred to as "Nixonomics," ended gold convertibility and imposed wage and price controls
Gold Reserve Act
The 1934 law was the culmination of FDR’s controversial gold program
Roosevelt’s Gold Program
The controversial and consequential policies of FDR regarding gold and dollars
Federal Reserve Act Signed
The Federal Reserve Act became law in December 1913, culminating three years of debate
