The National Bank Act of 1863, and subsequent amendments to it
A. created a banking system of state-chartered banks.
B. established the Office of the Comptroller of the Currency.
C. broadened the regulatory powers of the Federal Reserve.
D. created insurance on deposit accounts.
Answer:B
The National Bank Act of 1863, and subsequent amendments to it
A. created a banking system of state-chartered banks. B. established the Office of the Comptroller of the Currency. C. broadened the regulatory powers of the Federal Reserve. D. created insurance on deposit accounts.