1. Theodore Roosevelt and Woodrow Wilson
In order to accomplish his over 40 busts he had to expand federal powers. ... In order to shift from the gold standard that made money inaccessible to the public, he led the passing of the Federal Reserve Act, which divided the private National Bank into 12 district banks regulated by the Federal Reserve Board. This eventually led to the creation of Federal Reserve Notes (dollar bills). ... He was also able to establish the Federal Trade Commission to regulate and take action against any unfair trade practices, similar to Roosevelt's empowerment of the Interstate Commerce Commission. ...
- Word Count: 554
- Approx Pages: 2
- Grade Level: Undergraduate