The correct answer to this open question is the following.
Woodrow Wilson established the Federal Reserve to secure the United States banking system.
The Federal Reserve, commonly called the Fed, plays the role of the Central Bank in the United States. It was President Woodrow Wilson who signed the Federal Reserve Act into law on December 23, 1913, From that moment, the Federal Reserve supervises the monetary policy in the US, oversees the banking system, and procures for the "healthy" condition of the United States financial system.
