America's Bank: The Epic Struggle to Create the Federal Reserve

America's Bank: The Epic Struggle to Create the Federal Reserve

Roger Lowenstein

Overview

This historical account details the challenging and divisive process behind the establishment of the Federal Reserve, America's central bank. For nearly a century, the U.S. resisted a central financial agency due to widespread mistrust of big government and banks. Frequent financial panics and depressions highlighted the inadequacies of the existing system. The book chronicles how an economic crisis, a European tour, and the efforts of Wall Street figures ultimately led to the Federal Reserve Act of 1913, marking America's entry as a global financial power.

Who it's for

• Readers interested in American financial history.
• Those seeking to understand the origins of the Federal Reserve.
• Individuals interested in the Gilded Age and early 20th-century politics.

Key features

• Language: English
• Format: Paperback
• Pages: 368
• Publisher: Random House (USA)
• Year: 2016
• ISBN: 9780143109846