Federal Reserve Reform Act of 1977

Target entity: Federal Reserve Reform Act of 1977
Context triple: [Federal Reserve Act of 1913, amendedBy, Federal Reserve Reform Act of 1977]

• A. Federal Reserve Act of 1913
  The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
• B. Bank Merger Act of 1960
  The Bank Merger Act of 1960 is a U.S. federal law that established regulatory oversight and antitrust review of bank mergers to prevent undue concentration and protect competition in the banking industry.
• C. Banking Act of 1935
  The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
• D. Full Employment and Balanced Growth Act of 1978
  The Full Employment and Balanced Growth Act of 1978, also known as the Humphrey–Hawkins Act, is a U.S. law that set national goals for full employment, price stability, and economic growth while formalizing the Federal Reserve’s responsibility for monetary policy reporting and objectives.
• E. Glass–Steagall Act
  The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Federal Reserve Reform Act of 1977
Target entity description: The Federal Reserve Reform Act of 1977 was a U.S. law that strengthened congressional oversight of the Federal Reserve and clarified its monetary policy objectives, including promoting maximum employment and price stability.

• A. Federal Reserve Act of 1913
  The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
• B. Bank Merger Act of 1960
  The Bank Merger Act of 1960 is a U.S. federal law that established regulatory oversight and antitrust review of bank mergers to prevent undue concentration and protect competition in the banking industry.
• C. Banking Act of 1935
  The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
• D. Full Employment and Balanced Growth Act of 1978
  The Full Employment and Balanced Growth Act of 1978, also known as the Humphrey–Hawkins Act, is a U.S. law that set national goals for full employment, price stability, and economic growth while formalizing the Federal Reserve’s responsibility for monetary policy reporting and objectives.
• E. Glass–Steagall Act
  The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
• F. None of above. chosen