The National Banking Act established a central reserve bank in which of the following cities?ClevelandNew York CityBostonAtlanta
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Solution 1
The National Banking Act did not establish a central reserve bank in any specific city. Instead, it created a system of national banks and established the Office of the Comptroller of the Currency to oversee them. The act also allowed for the issuance of national bank notes backed by U.S. government Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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