# Congress eases Dodd-Frank rules for mid-size banks

Date: 2018

The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the American monetary system. Although an instrument of the U.

## Sources

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## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/dodd-frank-rollback-egrrcp-2018-05
