Fed Governance

Full Employment and Balanced Growth Act
Commonly called Humphrey-Hawkins, the 1978 Act set new goals for the nation’s economic policymakers

Federal Reserve Reform Act
This 1977 law was instrumental in shaping the current Fed

Treasury-Fed Accord
The 1951 agreement that laid the foundation for the modern Federal Reserve

Banking Act of 1935
This legislation restructured the Fed in both cosmetic and consequential ways