Multiple Choice Question

What action did Congress take as a result of problems with monetary mismanagement and confusion due to the use of bank notes as currency?
Multiple choice question.

It gave control of the banking system to commercial banks.

It authorized the creation of the U.S. Treasury.

It created what are now known as savings and loan institutions.

It centralized control of the banking system.

1 answer

The correct answer is: It centralized control of the banking system.