The debates over a Federal bank arose from the tension between the idea that states should control most policy, under the principles of states' rights, and the idea that since banking crosses state borders, the federal (national) government has an interest in banking (the Interstate Commerce Clause).
building highway systems
Concurrent, I believe.
In the United States, some examples of concurrent powers, or power that are shared between the federal and state levels of government, include:Military;Taxation;Infrastructure;Courts;Prisons/Prosecution;Elections.
The United States Constitution provided that states and the federal government would share certain powers. These powers are called Concurrent Powers. Examples of such powers are the power to tax and borrow money; the power of eminent domain (to take property for the public good); the power to define crimes and the power to enact laws and establish courts. States may also exercise (share) any power that the Constitution does not specifically reserve for the federal government.Concurrent powers are shared by the state and federal governments .Shared, or "concurrent" powers include:Setting up courtsCreating and collecting taxesBuilding highwaysBorrowing moneyMaking and enforcing lawsChartering banks and corporationsSpending money for the betterment of the general welfareTaking (condemning) private property with just compensationThe concurrent powers. Collect taxesBuild roadsBorrow moneyEstablish courtsMake and enforce lawsCharter banks and corporationsSpend money for the general welfareTake private property for public purposes, with just compensationThey cannot:Build or establish post offices
unitary powers (national powers) include: coin money, conduct foreign relations, regulate commerce, provide for the army/navy, declare war, and establish the national court system. Confederate powers(state powers) include: controlling elections, ratifying amendments to the federal constitution, take measures for public health, establish local governments, regulate commerce within a state, and exert powers the constitution does not does delegate to the national gov or prohibit states from using. Concurrent powers, the powers which you are wondering of, include: Taxing, borrowing money, establishing courts, make and enforce laws, charter banks and corporations, spend money for general welfare, and take private property for public purposes. hope that helps
building highway systems
They are powers shared by both the state and federal government. Both the federal government and the states may charter banks, collect taxes, and build roads. Chartering banks and corporations
They are powers shared by both the state and federal government. Both the federal government and the states may charter banks, collect taxes, and build roads. Chartering banks and corporations
All member banks of the Federal Reserve in USA can and do borrow money from the federal reserve. The Federal Reserve is the banker of banks to whom the banks go when they need money.
Banks complement the mission of the Federal Intermediate Credit Banks by offering long-term farm mortgage loans. The Federal Land Banks were created by the Federal Farm Loan Act of 1916
Yes, there are private loans from individual banks as well as loans from federal programs. The federal government has programs like the "PELL" or "Federal Direct PLUS loans" for people trying to get back into school. Some individual banks(including local credit unions) also make loans available for people who want to get back into school.
federal reserve system
There are 12 Federal Home Loan Banks. They are owned by member institutions including savings and loans, commercial banks, savings banks, etc. The Federal Home Loan Banks serve as whole sale lenders to their member institutions. If you'd like to learn more about the Federal Home Loan Banks, take a look at the book, Mission Expansion and the Federal Home Loan Banks (SUNY Press, 2010).
Actually the federal reserve system is not affiliated with any banks. The banks are affiliated to the federal reserve. The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
Concurrent, I believe.
Other banks
Federal Reserve Banks