Don Sowa's MoneyTalkBank runs, financial panics, and battles over who controls the nation’s money—this was the status quo for the American banking system before the Federal Reserve. On this edition of our MoneyTalk Moment in Financial History, we explore the crises and controversies that shaped our financial system and ultimately led to the Fed’s creation in 1913. Also on MoneyTalk, understanding the different credentials and licenses that advisors carry, and why they matter.
Host: Nathan Beauvais CFP®, CIMA®, CPWA®; Air Date: 10/21/2026 Original Air Date: 6/9/2023 & 1/11/2023. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!
