Description: The influence of the US banking system can hardly be overestimated. And it applies not only to the territory of the state, but to the entire world economy.
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US banking system
The first level is occupied by the Federal Reserve System (FRS), which includes the Board of Governors, 12 regional federal banks, member banks, the Federal Committee on Open Market Operations. The second level is represented
Its own banking structure appeared in the United States during the struggle for independence, i.e. at the end of the 18th century. To understand the present state of the US banking system, you need to
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