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On March 6, 1819, the U.S. Supreme Court ruled in McCulloch v. Maryland that Congress had the authority to establish a federal bank , and that the financial institution could not be taxed by the states.What was the impact of McCulloch v Maryland?
The primary effect of the Supreme Court case McCulloch v. Maryland was that the economic supremacy of the federal government was upheld, since it was deemed illegal for Maryland to impede the flow of currency over state borders. Rate!