Atlanta Fed publishes 1,300-page history of the Fed

Document reveals early concerns Fed creation would lead to politics in banking or banking in politics

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The Federal Reserve Bank of Atlanta has published an almost 1,300-page account of the founding and development of the Federal Reserve and its precursors, spanning the years from 1832 to 1968.

The book, available in full online, outlines the challenges, setbacks and successes of the central bank and its 12 district branches, with a particular focus on the Atlanta Fed.

One account highlights the pushback the Fed’s founders faced when proposing an early form of the district bank structure present

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