When it comes to how clean your babyâs pacifier should be, use some common sense. If it drops on the floor at home, the study says it is probably fine to use the five-second rule, suck it, and give it to baby. If the pacifier drops on the street, the rules change.
The 1913 Federal Reserve Act was a U.S. legislation that created the current Federal Reserve System. The Federal Reserve Act intended to establish a form of economic stability in the United States through the introduction of the Central Bank, which would be in charge of monetary policy.
The Federal Reserve was created by the U.S. Congress in 1913. Before that, the U.S. lacked any formal organization for studying and implementing monetary policy. Consequently markets were often unstable and the public had very little faith in the banking system.he Fed is headed by a government agency in Washington known as the Board of Governors of the Federal Reserve. The Board of Governors consists of seven presidential appointees, each of whom serves 14 year terms.