Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Federal Reserve Act of 1913 | Statement: [Progressive Era, significantEvent, Federal Reserve Act of 1913]

Target entity: Federal Reserve Act of 1913
Context triple: [Progressive Era, significantEvent, Federal Reserve Act of 1913]

• A. Federal Reserve Act of 1913 chosen
  The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
• B. National Banking Act of 1863
  The National Banking Act of 1863 was a U.S. Civil War–era law that created a system of nationally chartered banks and a uniform national currency, reshaping the American banking and monetary system.
• C. Glass–Steagall Act
  The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
• D. Bank Act of 1791
  The Bank Act of 1791 was the federal law that created the First Bank of the United States, establishing the young nation’s first national bank and a cornerstone of its early financial system.
• E. Banking Act of 1935
  The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.