Banking Act of 1820

GPTKB entity

Statements (56)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:bfsLayer 5
gptkbp:bfsParent gptkb:Banking_Act_of_1816
gptkbp:addressed currency issues
banking fraud
gptkbp:allows state bank powers
gptkbp:amended_by gptkb:Banking_Act_of_1832
subsequent banking acts
gptkbp:applies_to national banks
gptkbp:context early 19th century America
gptkbp:effective_date 1820
gptkbp:enacted_by gptkb:legislation
gptkbp:encouraged banking competition
gptkbp:enforces gptkb:Office_of_the_Comptroller_of_the_Currency
gptkbp:established banking regulations
banking oversight mechanisms
federal bank examination
gptkbp:goal prevent bank failures
gptkbp:has_economy_based_on classical economics
gptkbp:historical_debate gptkb:legislation
gptkbp:historical_event economic recovery post-Panic of 1819
https://www.w3.org/2000/01/rdf-schema#label Banking Act of 1820
gptkbp:impact stabilized the banking system
gptkbp:influenced banking sector growth
future banking reforms
subsequent financial crises
banking practices in other countries
gptkbp:influenced_by gptkb:Panic_of_1819
economic conditions of the time
gptkbp:is_aimed_at restoring confidence in the banking system
gptkbp:is_challenged_by state legislatures
gptkbp:is_criticized_for due to political opposition
favoring large banks
anti-bank factions
gptkbp:is_implemented_in federal regulators
gptkbp:is_opposed_by populist movements
gptkbp:is_part_of economic policy reforms
the American banking system evolution
the financial history of the United States
gptkbp:is_promoted_by financial stability
gptkbp:is_standardized_by capital requirements for banks
gptkbp:is_supported_by gptkb:High_School
banking industry advocates
gptkbp:led_to increased public trust in banks
creation of a national currency
increased regulation of state banks
gptkbp:legislation gptkb:Federal_Reserve_Act
gptkbp:precedent future banking legislation
gptkbp:purpose regulate banking practices
gptkbp:related_to gptkb:Second_Bank_of_the_United_States
gptkbp:repealed_by gptkb:National_Bank_Act_of_1863
gptkbp:replaced_by subsequent banking legislation
gptkbp:requires bank charters
gptkbp:set_in gptkb:Bank
gptkbp:signed_by President James Monroe
gptkbp:significance established federal oversight of banks