Claim: The Federal Reserve Act was signed by Woodrow Wilson, making money not tied to tangible assets like gold or silver.
Verdict: Partially True (75% confidence)
Explanation: According to federalreserve.gov and multiple other sources, President Woodrow Wilson signed the Federal Reserve Act into law on December 23, 1913. This confirms the first part of the claim. However, no source directly states that the Federal Reserve Act made money not tied to tangible assets like gold or silver. The Federal Reserve Act established a central banking system, but the specific impact on the gold standard or monetary policy regarding tangible assets is not addressed in the retrieved ...