Dual-Charter Banking: Federal and State Licenses
Lecture no. 25 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 04 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Explore the inner workings of America’s dual-charter banking system, which dates back to the Civil War era and allows both the federal government and individual states to award banking charters.