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Congressional Research Service Issues In Focus White Paper on Public Banks' History & Recent Proposals
September 22, 2022
WASHINGTON, Sept. 22 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper on the public banks' history and recent proposals (No. IF12216) on Sept. 20, 2022, by financial economics analyst Andrew P. Scott:

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Overview of Public Banks

Banks are generally private enterprises chartered by state or federal regulators for the purposes of accepting deposits and making credit available to the communities they serve. As profit- . . .

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