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Assignment - Financial Laws Essay
Description - Banks are the core institution through which financial activity takes place. The U.S. government has always regulated the banking industry. Over time, there have been a number of legislative acts concerning banking. To complete this project, you will investigate how government regulation of banking has changed over time.
Research each of the banking acts and write a short summary of its impact.
1. Federal Reserve Act of 1913
2. McFadden Act of 1927
3. Banking Act of 1933
4. Community Reinvestment Act of 1977
5. Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991
6. Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
7. Financial Services Modernization Act of 1999
8. Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
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