The banking panic of 1907 in the United States created pressure for Congress to find a way to stabilize the nation's banking system. The result was the:

Name: The banking panic of 1907 in the United States created pressure for Congress to find a way to stabilize the nation's banking system. The result was the:
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The Federal Reserve Act of 1913 was enacted in response to the banking panic of 1907 to establish a central banking system, the Federal Reserve, to provide stability to the financial system.

The Banking Panic of 1907 in the United States Created