In this short (4-6) page paper you will examine the historical development of th

In this short (4-6) page paper you will examine the historical development of the Federal Reserve as the central bank of the United States. You will discuss the evolution of centralized banking from the colonial period to present day and identify the key events that led to the creation of the Federal Reserve. How the responsibilities of the Federal Reserve have expanded over time should be addressed along with an analysis of key pieces of legislation that paved the way for greater Federal Reserve power within the economy.
Some Specifics
You must use a minimum of 5 quality sources with proper citations.
APA in-text formatting style should be used unless otherwise noted.
12 point font should be used in the paper unless otherwise noted.
The paper must be submitted online and processed through Turnitin anti-plagairism software.
Some pointers of what MUST be included (this is not an exhaustive list)
Early debates about central banking (Jefferson v Hamilton)
The 1st and 2nd Bank of the United States
Nicholas Biddle vs Andrew Jackson
Free banking period
Panic of 1907
Federal Reserve Act
Glass-Steagall
The Humphrey Hawkins Act
Gramm-Leach-Bliley Act
The Great Recession
The Dodd-Frank Act