Roosevelt was appointed to what position by president wilson in 1913?

   With the nation confronting another financial crisis in 1907, and the United States the only one of the world’s major financial powers without a central bank, the nation was forced to turn to Wall Street. Finance mogul J.P. Morgan, who had bailed the government out of a financial crisis in 1895, organized private sector investments and lines of credit to stabilize the banking system amid its latest panic.