A Decisive Influence: The American Public’s Role in Financial Regulation

In the twenty-first century, Americans have generally left questions of financial policy to such experts as government regulators, academics, and bankers. However, into the 1940s, ordinary citizens showed keen interest in banking policy.[1] Their vigilance followed a period of “wildcat” banking in the United States during the nineteenth century, which was notable for the disorder […]

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In the twenty-first century, Americans have generally left questions of financial policy to such experts as government regulators, academics, and bankers. However, into the 1940s, ordinary citizens showed keen interest in banking policy.[1] Their vigilance followed a period of “wildcat” banking in the United States during the nineteenth century, which was notable for the disorder […]

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