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The pro banker republicans opposed the federal reserve act and representative Ron paul abolished the federal reserve.

What was federal reserve act and who tried to oppose this act and why?

  1. Federal reserve act was all congress's initiation to introduce to the citizens a better and more easy financial system.
  2. Of which were a lot of supporters but were few opposers also who did'nt want this system to be continued.
  3. Here is the question asked of the one who opposed the federal reserve act the time it was introduced.
  4. The pro banker republicans opposed the federal reserve act and representative Paul abolished the federal reserve act.
  5. The act was came into force by the 63rd US congress in order to improvise the financial fraternity and the central banking system of US.
  6. The federal reserve act is not still continued as the central bank of US chartered and was started with a purpose of economic stability.

To know more about reserve act visit:

https://brainly.com/question/14700070

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