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1. The Glass-Steagall Act forced banks to separate their commercial and investment banking activities. True False 2. The First Bank of the United States was

1. The Glass-Steagall Act forced banks to separate their commercial and investment banking activities.

True

False

2. The First Bank of the United States was chartered in 1791 or 1971 and closed in 1911 or 1811.

3. _______ signed the Federal Reserve Act in ___________ .

4. The Humphrey-Hawkins Act of 1978 required the Federal Reserve Chair to report to Congress regularly.

True

False

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