Who was Owen's co-sponsor on the Glass-Owen Federal Reserve Act?
Carter Glass
William McAdoo
Woodrow Wilson
Elihu Root
Answer
Carter Glass was Owen's co-sponsor on the Glass-Owen Federal Reserve Act. This act established the Federal Reserve System in 1913. The Federal Reserve System is the central bank of the United States and is responsible for regulating the nation's monetary system.
Unveiling the Legacy: The Life and Career of Robert L. Owen
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