U.S. banks are required by law to keep most of their assets as reserves.

Name: U.S. banks are required by law to keep most of their assets as reserves.
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U.S. banks are required to maintain a certain level of reserves, but they are not required by law to keep most of their assets as reserves. The reserve requirement is set by the Federal Reserve and varies based on the size of the bank and the type of deposits it holds.

US Banks Are Required by Law to Keep Most of Their