The protolith may be a sedimentary rock, an igneous rock or another older metamorphic rock. Metamorphic rocks make up a large part of the Earth 's crust and are classified by texture and by chemical and mineral assemblage (metamorphic facies).
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.he chairman of the Federal reserve bank shall report to the Board of Governors of the Federal Reserve System any such undue use of bank credit by any member bank, together with his recommendation.
DEFINITION of '1913 Federal Reserve Act'. The 1913 U.S. legislation that created the current Federal Reserve System. The Federal Reserve Act intended to establish a form of economic stability through the introduction of the Central Bank, which would be in charge of monetary policy, into the United States.The Federal Reserve Act is perhaps one of the most influential laws concerning the U.S. financial system. Next Up.rior to 1913, panics were common occurrences, as investors were unsure about the safety of their deposits. The Federal Reserve Act gave the 12 Federal Reserve banks the ability to print money in order to ensure economic stability.