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The Federal Reserve monitors financial system risks and engages at home and abroad to help ensure the system supports a healthy economy for U.S. households, communities, and businesses.

The Federal Reserve monitors financial system risks and engages at home and abroad to help ensure the system supports a healthy economy for U.S. households, communities, and businesses.


This wide-ranging legislation was signed by President Obama in 2010
Dodd-Frank Act

This wide-ranging legislation was signed by President Obama in 2010

This 2007-09 economic downturn was the longest since WWII
Great Recession

This 2007-09 economic downturn was the longest since WWII

A group of banks and brokerage firms prevented the collapse of this hedge fund in 1998
Near Failure of LTCM

A group of banks and brokerage firms prevented the collapse of this hedge fund in 1998

The 1994 law removed many of the restrictions on bank branching across state lines
Riegle-Neal Act

The 1994 law removed many of the restrictions on bank branching across state lines

The Dow dropped 22.6 percent on Black Monday, October 19, 1987
Crash of 1987

The Dow dropped 22.6 percent on Black Monday, October 19, 1987

The 1984 failure and rescue of this bank gave rise to the term "too big to fail"
Failure of Continental Illinois

The 1984 failure and rescue of this bank gave rise to the term "too big to fail"

The 1980 Act was one of the most important laws to affect the Fed in its 100-year history
Monetary Control Act

The 1980 Act was one of the most important laws to affect the Fed in its 100-year history

The 1980s was a period of distress for the financial sector, especially savings and loans
Savings and Loan Crisis

The 1980s was a period of distress for the financial sector, especially savings and loans

Commonly called Glass-Steagall, the Act was widely debated before its enactment
Banking Act of 1933

Commonly called Glass-Steagall, the Act was widely debated before its enactment

For an entire week in March 1933, all banking transactions were suspended
Bank Holiday of 1933

For an entire week in March 1933, all banking transactions were suspended

On October 28, 1929, the Dow declined nearly 13 percent
Crash of 1929

On October 28, 1929, the Dow declined nearly 13 percent

The Federal Reserve Act became law in December 1913, culminating three years of debate
Federal Reserve Act Signed

The Federal Reserve Act became law in December 1913, culminating three years of debate