History of banks in the us

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This Jewish Family Owns America
From the establishment of the First Bank of the United States to Dodd-Frank, American banking regulation has followed the path of a swinging pendulum. The beginnings of the banking industry can be traced to when the Bank of Pennsylvania was founded to fund the American Revolutionary War. After merchants. The United States' banking history can be traced back to the late s. Prior to the first U.S. banks, individuals provided credit to each.