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In 1786,Alexander Hamilton found an important ally in his push for a stronger central government,in
District Banks
Banks that are part of a larger Federal Reserve System in the United States, responsible for overseeing the monetary policy and banking regulations in their specific district.
Federal Reserve District Banks
The 12 regional banks in the Federal Reserve System which oversee and regulate banking institutions within specific geographic areas of the US.
Discount Rate
The interest rate charged by central banks on loans to commercial banks or the rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.
Excess Reserves
The amounts of cash banks hold in their vaults or deposit at the central bank which exceed the regulatory requirements.
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