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Federal reserve bank

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14y ago

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Washington ______, and Congress _____ the National bank?

Agreed, created


The national bank created by congress in 1816?

The national bank that was created by Congress in 1816 was called the Second Bank of the United States. They also created the Federal Reserve System to monitor banking practices.


Who created the second bank of the US?

Congress created the Second Bank of the US and shortly after it's creation it was proven to be very unpopular.


What was the outcome of Madison and Jefferson disagreeing with Hamilton's plan of a national bank?

Congress decided to create the bank anyways and therefore formed the Bank of the United States.


When was RBC Bank created?

RBC Bank, originally called Centura Bank, was created in 1972. It operated under the name Centura Bank until it was acquired by the Royal Bank of Canada in 2001 and rebranded as RBC Bank in 2008.


What was the name of the library created by Benjamin Franklin?

I think it was the Library of Congress


Who charted the Bank of the US?

congress did


What is a law that reflects the elastic clause?

This is not necessarily a law, but the most common example of the "Elastic Clause" being used would have to be the First Bank of the United States. Congress created the charter that would go to establish the Bank of the United States and some politicians protested against this charter stating that Congress did not have the authority to create the Bank of the United States. But with this Elastic Clause, Congress could do anything they deemed "necessary and proper" and thus they were allowed to create this charter. This is not necessarily a law, but the most common example of the "Elastic Clause" being used would have to be the First Bank of the United States. Congress created the charter that would go to establish the Bank of the United States and some politicians protested against this charter stating that Congress did not have the authority to create the Bank of the United States. But with this Elastic Clause, Congress could do anything they deemed "necessary and proper" and thus they were allowed to create this charter.


What was the name of the organization that congress created to help former slaves in the south?

Freedmen's Bureau


When was Hotel Congress created?

Hotel Congress was created in 1919.


When was Change Congress created?

Change Congress was created in 2008.


When was Congress Hall created?

Congress Hall was created in 1789.