The _______________________ made it possible for banks to receive federal charters and provided a basis for national banking laws.

Question

Quizplus · Accepted Answer

The National Banking Act of 1863 made it possible for banks to receive federal charters and provided a basis for national banking laws. The Glass Steagall Act was passed in 1933 and separated investment banking and commercial banking activities. The Garn-Saint Germain Act was passed in 1982 and deregulated the savings and loan industry. The Federal Reserve Act of 1913 created the Federal Reserve System and established central banking in the United States.

The _______________________ Made It Possible for Banks to Receive Federal