Studies from Utah State University Have Provided New Information about Investment (Theodore Roosevelt, the Election of 1912, and the Founding of the Federal Reserve): Investment

2025 JUL 03 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Fresh data on Investment are presented in a new report. According to news reporting originating from Logan, Utah, by NewsRx correspondents, research stated, “The Federal Reserve Act was the outcome of compromises among competing economic and political interests. Numerous studies examine how the act came together but largely take the makeup of Congress and the administration as given rather than considering the unique circumstances that led to that political distribution.”

Our news editors obtained a quote from the research from Utah State University, “This article examines how the election of 1912 changed the makeup of Congress, which increased the likelihood of central banking legislation and shaped the act. The decision of Theodore Roosevelt and other progressives to run as third-party candidates split the Republican Party and enabled Democrats to capture the White House and Congress. We show that the election produced a less-polarized Congress and that newly elected members were more likely to vote for the act.”

According to the news editors, the research concluded: “Absent their interparty split, Republicans would likely have held the White House and Congress, and any legislation to establish a central bank almost certainly would have been quite different.”

This research has been peer-reviewed.

For more information on this research see: Theodore Roosevelt, the Election of 1912, and the Founding of the Federal Reserve. Review, 2025;107(7):1-15. Review can be contacted at: Federal Reserve Bank St Louis, Box 442, St Louis, MO 63166, USA.

The news editors report that additional information may be obtained by contacting Matthew Jaremski, Utah State University, Dept. of Economics and Finance, Econ Hist, Logan, UT 84322, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.20955/r.2025.07. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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