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First bank of the United States for 20 years
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Second bank of the US located in philadelphia lasted 20 years
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greenbacks were paper currency. there were 2 types demand notes and US notes. lasted until 1865
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designed to make a national banking system
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created a current federal reserve system
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banks were struggling during the great depression
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prohibits commercial banks from engaging in the investment business
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blamed on oil prices, currency speculators, and greety businessmen
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Many banks began to fail
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federal law enacted in the United States to control the ways that financial institutiionsdeal with the private information of individuals