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Major currency reform bill reshapes national finance
Washington reports a sweeping finance bill to reorganize currency and banking, creating regional reserve banks, elastic treasury notes, and a framework to shift reserves among banks. It envisions a federal reserve board, regional districts, and open market operations while guiding national banks to join the system and reform farm mortgage lending rules.
MENTIONED IN THIS ARTICLE
Washington
Congress
Hawke
New York
Chicago
St. Louis
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Federal Reserve
Secretary of the Treasury
Federal Reserve Board
Regional Reserve Bank of
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Regional Reserve Bank
United States
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Treasury
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Mnust Kop
To Percei
Inks
Federal Reserve District
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St Louis