10-J: The History of the Federal Reserve Bank of Kansas City

In 1913 Congress created the Federal Reserve to bring financial stability to the nation after a number of banking panics, with a mix of regional banks and a central bank board. Congressmen Robert L. Owen and Carter Glass helped pass the Federal Reserve Act with the help of compromises led by President Woodrow Wilson. The Federal Reserve Bank of Kansas City was begun in 1914, led by Jo Zach Miller, Jr., along with local bankers such as William T. Kemper. With the bank rapidly growing, about 1920 a new 21 story building was built at 9th and Grand that at one time held the offices of the Bureau of Investigation and President Harry S. Truman. Watch 10-J: The History of the Federal Reserve Bank of Kansas City in HD free online now on MyWatchSeries with multiple servers and instant playback. Enjoy high-quality streaming of 10-J: The History of the Federal Reserve Bank of Kansas City and share your thoughts in the comments below!