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1 January, 17:39

How can US government control financial institution

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Answers (2)
  1. 1 January, 19:15
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    The US government can control financial institution by Passing laws for credit card companies to follow

    Explanation:

    Government may pass new laws to set up new regulations for the financial institutions
  2. 1 January, 20:43
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    Government can pass laws to limit what financial institutions can charge in interest and fees. Financial institutions like local banks must approve interest rates set by the Federal Reserve

    Explanation:

    Government can pass laws to limit what financial institutions can charge in interest and fees. Financial institutions like local banks must approve interest rates set by the Federal Reserve
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