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11y ago
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5d ago

Clayton's case in banking law refers to the U.S. Supreme Court case of Bank of United States v. Thayer, decided in 1819. In this case, the court affirmed congressional power to charter a national bank under the necessary and proper clause of the Constitution. The decision had significant implications for the balance of power between state and federal government in regulating banking.

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Q: What are facts in Clayton's case in banking law?
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