The Federal Reserve Act of 1913 tasks the Federal Reserve System with providing economic stability and full employment for the people of the United States. It has never come close to fulfilling that mandate. Instead, the Federal Reserve Act of 1913 in essence grants the power to create the nation's money to private banking corporations. These corporations -- by definition -- must compete to provide the maximum profits for their shareholders, not to provide the maximum benefits to the American people in general.
Giving the "money power" to private banks allows them to create all of the nation's money out of debt through the fraudulent practice of fractional reserve lending. Please learn about these things and how our financial system works.