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Why did U.S. leaders decide to create the Federal Reserve?

A. Economic panics showed that the banking system was not stable.
B. The United States needed to have a single type of currency.
C. Small banks requested additional government oversight.
D. State banks needed the power to create their own currencies.​

User Hanin
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2 Answers

15 votes
15 votes

Answer:A

Explanation:

I did the test

User Trevor Robinson
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23 votes
23 votes

Answer:

A

Explanation:

A central bank was needed to oversee monetary policy

User Stuart Carnie
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