The Federal Reserve Act required all ________ banks to become members of the Federal Reserve System,while ________ banks could choose to become members of the system.

Name: The Federal Reserve Act required all ________ banks to become members of the Federal Reserve System,while ________ banks could choose to become members of the system.
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The Federal Reserve Act required all national banks to become members of the Federal Reserve System, while state banks could choose to become members of the system.

The Federal Reserve Act Required All ________ Banks to Become