What landmark Act did Owen sponsor in 1913?
Glass-Owen Federal Reserve Act
Owen Labor Act
Owen Education Act
Owen Civil Rights Act
Answer
Glass-Owen Federal Reserve Act was sponsored by Owen in 1913. This act created the Federal Reserve System, the central banking system of the United States. The Federal Reserve System was created to help regulate the money supply and interest rates, and to help promote economic stability.
Unveiling the Legacy: The Life and Career of Robert L. Owen
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox