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This was a bank that collected fees and that made payments for the federal government. It was taken away because people thought it gave to much power to the central government.
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Created in 1816, this bank failed because no other banks were regulated by it.
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It was during the civil war that the government began printing paper money.
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This act allowed dual banking.
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This act created the national bank now known as the Fed.
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Banks crashed becuase of unstable usage of money causing many banks to close and many people to lose their jobs.
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Created the FDIC to make sure people would have their money even if a bank went out of business.
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In the 1970's, congress unintensified the restrictions on banking making it much easier to get loans.
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In 1982 congress let banks make loans that did not have a good chance of getting paid back. This caused banks to fail and put the Federal government 200 billion dollars in debt.
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Let banks have more control over their banking, insurance, and security.