answersLogoWhite

0


Best Answer

The Emergency Banking Relief Act gave the treasury department the right to investigate all the banks.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: This act gave the treasury department the right to investigate all banks-?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

This act gave the Treasury Department the right to investigate all banks.?

Emergency Banking Relief Act


This act gave the Treasury Department the right to investigate all banks?

Emergency Banking Relief Act


Is there evidence of collusion to commit fraud between the Department of the Treasury and US Banks?

There are congressional hearings going on, concerning this right now. This is connected with private ownership of the Federal Reserve and its manipulation of the economy and a general lack of oversight in the banking industry. The truly independent banks in this country are under attack. An earlier attack on independent banks occurred when they were FORCED to join the Federal Reserve.


What is the difference between the US treasury and the Department of the Treasury?

The US Treasury is the branch of the corporation known as the UNITED STATES, that handles the financial affairs of the incorporated company that has the same name as our country. The Department of the Treasury is the arm that handles the financial affairs of our country itself, they work in unison to move money from the left hand to the right hand and then circulate it through the "citizens"or employees of the UNITED STATES inc.


Where is the seal on a US 20 dollar bill?

For modern bills, the Treasury Department seal is green and underneath the large word TWENTY on the right-hand side of the bill's face.


What is the value of a 2004 miprinted 20 dollar bill without the department of the treasury 1789 green stamp on the right side of it?

find me on Facebook. Mateson Gutierrez. I have one and might be interested in yours.


In the United States right this moment who is the secretary of the treasury?

The current secretary of the treasury is Timothy F. Geithner


Responsibilities of the United States Treasury Department?

Established in 1789, The United States Treasury Department was formed to manage the money of the government. While many people know of the department's primary functions, they also handle many other functions as well. Various agencies within the department help control many other rules and regulations that the American people have to abide by.TaxesMost people know the department produces all currency and postage stamps. They are also in charge of collecting taxes. They enforce tax laws through investigating and prosecuting tax evaders. This is known as the Internal Revenue Service or IRS. This department manages and enforces federal financing like money laundering, and other criminal activities. It is also in charge of the U.S. public debt. This mainly consists of two components. The Federal Reserve System, which deals with the nation's currency, money supply, and interest rates. There are also intra-government debts. These are treasury securities that are administered throughout the government such as the Social Security Trust Fund. The department also gives advice on domestic and international finances.Fractional Reserve BankingThe Treasury Department supervises national banks and thrift institutions. Banks are financial institutions that accept deposits, and channel those deposits into lending activities. They are highly regulated, so they operate under a system known as Fractional Reserve Banking. This allows people to put their money into a bank, without losing the ability to get it back whenever they want. The money that is left, allows the banks to make loans. As a result of this, they generate profit for themselves through charging interest. Thrift institutions are savings and loan associations and savings banks that specialize in taking deposits for checking and savings accounts. They also deal with home mortgages. These institutions are usually more focused on the local communities in which they operate. Both of these types of organizations can be found in cities all over America.The United States Treasury Department is a vital element in keeping this country's finance operating smoothly. With its many entities, it helps to regulate, and manage the government's money to keep this country on the right track.


This department operates the US Custom Service that collects duties on imports combats smuggling and other international crime?

Treasury justice....thank god for Aplus I KNOW RIGHT ;) its awesome...and thank god for answers.com!! :D


Where can I learn about money market banks?

No, it is actually a scam people have created to steal money. Right now there are a lot of people who got scammed by this and are told to call their State insurance department's consumer complaint division for help


When did willie banks die?

he is still alive, right?


What name is given to the first row of seats on the speaker's right in the house of representatives?

Treasury bench.