What did the Federal Reserve Act of 1913 create? Group of answer choices A. A regulatory agency that regulated powerful New York bank trusts B. A system to insure the deposits of small banks, so consumers would be protected if an individual bank failed C. A massive reserve of gold for the U.S. government to have at its disposal to exchange for legal tender D. The Federal Reserve System that we still use today, with 12 charter banks and run by the Federal Reserve Board