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Official Publications from the U.S. Government Publishing Office. 2019-2020 National History Day© "Breaking Barriers in History" Featured Content November 21, 2019 – National History Day© Projects – govinfo resources Jul 28, 2019 · On June 5, 1933, the United States went off the gold standard, a monetary system in which currency is backed by gold, when Congress enacted a joint resolution nullifying the right of creditors to ... Federal Reserve Act (1913) What eventually emerged was the Federal Reserve Act, also known at the time as the Currency Bill, or the Owen-Glass Act. The bill called for a system of eight to twelve mostly autonomous regional Reserve Banks that would be owned by commerical banks and whose actions would be coordinated by a committee appointed by ... Milton Friedman and Anna Jacobson Schwartz, A Monetary History of the United States, 1867–1960 (1963) G. Edward Griffin, The Creature from Jekyll Island: A Second Look at the Federal Reserve (1994) ISBN 0-912986-21-2; Goddard, Thomas H. (1831). History of Banking Institutions of Europe and the United States. Carvill. Sid. 48ff.