{
  "node_id": "us-federal-reserve-act-1913-12-usc-226",
  "title": "Federal Reserve Act 1913 - 12 USC 226 Establishment of the Federal Reserve System",
  "domain": "Banking & Global Finance",
  "version": "1.0.0",
  "last_updated": "2026-05-28",
  "bluf": "Section 226 of title 12 of the United States Code provides that the short title of the Act of 23 December 1913 (chapter 6, 38 Statutes at Large 251) shall be the Federal Reserve Act. The Federal Reserve Act of 1913 (Public Law 63-43) established the Federal Reserve System as the central banking authority of the United States, organising the Federal Reserve Board (renamed the Board of Governors of the Federal Reserve System in 1935), twelve regional Federal Reserve Banks, the Federal Open Market Committee, and member commercial banks. The Act's provisions are codified principally throughout title 12 of the United States Code, including sections 221 through 522 (organisation, capital, branches, reserves), sections 263 through 265 (Federal Open Market Committee), and many subsequent additions covering monetary policy operations, lender-of-last-resort facilities (section 13(3) emergency lending), bank supervision, payment systems, consumer protection authority, and prudential regulation. Subsequent legislation has materially extended the Act including the Banking Act of 1935, the Bank Holding Company Act of 1956, the Federal Reserve Reform Act of 1977, the Monetary Control Act of 1980, the FIRREA of 1989, FDICIA of 1991, the Gramm-Leach-Bliley Act of 1999, and the Dodd-Frank Act of 2010. The Federal Reserve Act is the constitutional charter of US monetary policy, financial-stability oversight, and bank prudential supervision.",
  "paywall": {
    "status": "LOCKED",
    "unlock_cost_usd": "0.01",
    "skyfire_id": "41779894-ece2-4163-9761-b3b1b76e19b0"
  },
  "crosswalks": {
    "_available_keys": [
      "nist_framework",
      "iso_standard",
      "ai_overlay_2026",
      "industry_mapping",
      "mitre_attack_mapping"
    ],
    "_note": "Full crosswalk values included in vault response"
  },
  "dependencies": [
    "us-bank-holding-company-act-1956",
    "us-bsa-bank-secrecy-act-31-usc-5311"
  ],
  "primary_citations_count": 8
}