When he became president, Woodrow Wilson was concerned that banks

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When he became president, Woodrow Wilson was concerned that banksdid not involve themselves enough in the US economy.
had too much influence in US politics.
were suffering from too much competition.
had too much control over the nation’s credit system.


When Woodrow Wilson became president, He was concerned that banks

did not involve themselves enough in the US economy.

As president, Wilson was known to help America through World War I, by negotiating the Treaty of Versailles and crafting the League of Nations, a precursor to the United Nations.

His was known for sweeping reforms for the middle class, voting rights for women and precepts for world peace.He wanted the various Banks operation in US to be actively involved in the economy.

Conclusively, He proposed the establishment of the Federal Reserve system because his intentions was to manage the US currency system.

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