Explain the main weaknesses of the banking system and of the Federal Reserve System during the Fed’s early years, 1914-1933. By 1933, Congress has passed several new pieces of legislation that aimed at strengthening the system. Explain how the above weakn

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Explain the main weaknesses of the banking system and of the Federal Reserve System during the Fed’s early years, 1914-1933. By 1933, Congress has passed several new pieces of legislation that aimed at strengthening the system. Explain how the above weaknesses were addressed in the post-1933 financial regulatory landscape.

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