National Bank Act of 1863

GPTKB entity

Properties (52)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:allows Issuance of national bank notes
Creation of national banks
gptkbp:amends gptkb:National_Bank_Act_of_1864
gptkbp:createdBy gptkb:Foundation_for_the_Federal_Reserve_System
Legal basis for national bank notes
National bank reserves
National_Bank_charters
gptkbp:enactedBy gptkb:United_States_Congress
gptkb:National_Bank_Act_of_1933
gptkbp:encouraged Investment in government securities
gptkbp:established gptkb:Office_of_the_Comptroller_of_the_Currency
gptkb:National_Banking_System
Framework for bank supervision
National bank chartering process
Regulatory framework for banks
Federal oversight of banks
National bank examination process
https://www.w3.org/2000/01/rdf-schema#label National Bank Act of 1863
gptkbp:influenced Monetary policy
Banking regulations in other countries
Future banking legislation
Banking practices in the 20th century
Subsequent banking reforms
gptkbp:influencedBy gptkb:Civil_War
gptkbp:ledTo Consolidation of banks
Increased federal control over banking
Development of a national banking system
Increased federal involvement in banking
Emergence of large national banks
Standardization of bank practices
gptkbp:operates Comptroller of the Currency
gptkbp:promoted Stability in the banking system
gptkbp:provides Legal framework for bank operations
gptkbp:purpose Establish a system of national banks
gptkbp:regulates Banking practices
gptkbp:relatedTo Banking_in_the_United_States
gptkbp:replacedBy State-chartered banks
gptkbp:requires National banks to be audited
National banks to maintain capital requirements
National banks to maintain reserves
National banks to pay taxes on notes
National banks to report financial condition
Banks_to_hold_U.S._government_bonds
gptkbp:significance Created a uniform national currency
gptkbp:supportedBy gptkb:Abraham_Lincoln
gptkbp:updates Federal revenue through bank taxes
Public confidence in banks
Access to capital for businesses
Competition among banks
Availability of credit
gptkbp:yearEstablished 1863