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The Bank Holding Company Act of 1956 and the Douglas

Question 18

Multiple Choice

The Bank Holding Company Act of 1956 and the Douglas Amendment of 1970


A) gave the Fed control over the formation, expansion, and operation of multibank holding companies.
B) prohibited multibank holding companies from acquiring out-of-state banks.
C) strengthened the Fed's power and authority to charter national banks.
D) all of the above
E) a and b

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