129k views
0 votes
Woodrow Wilson established which government institution to secure the US banking system?

2 Answers

6 votes
Woodrow Wilson established the Federal reserve bank

User Sqwerty
by
8.2k points
4 votes

Answer:

Federal Reserve Board

Step-by-step explanation:

The Federal Reserve Board is a central banking system that was created by the Federal Reserve Act, signed by President Woodrow Wilson. President Woodrow Wilson signed this act as a response to the Panic of 1907 which as a Financial Crisis that took place in 1907 caused by the falling of the New York Stock Exchange in 50%.

User Fabien Papet
by
9.4k points