Prior to the 1920s,the banking system in the United States was subject to strict regulation by the federal government.

Name: Prior to the 1920s,the banking system in the United States was subject to strict regulation by the federal government.
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Prior to the 1920s, there was little federal regulation of the banking system in the United States. The Federal Reserve Act of 1913 created the Federal Reserve System, which marked the beginning of increased federal regulation of the banking system.

Prior to the 1920s,the Banking System in the United States