Historical
Beginnings...The Federal Reserve
Traces the history of the banking system in the United States from 1789, discusses the banking problems of the 19th century, and describes the legislation that led to the formation of the Federal Reserve System.
Panic
of 1907
The failure of one commodity speculator in October 1907 triggered a nationwide bank run. This publication tells how the panic developed, spread, and was resolved. A chronology is included along with a section of newspaper excerpts.
The
Federal Reserve System: Purposes & Functions This publication, published by the Board of Governors, provides an overview of the Federal Reserve System and its function in monetary policy, the economy, supervision and regulation, consumer and community affairs, and the payments system.