 The McFadden Act specifically prohibited interstate branching by allowing national banks to branch only within the state in which they were situated.Although the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 repealed this provision of the McFadden Act, it specified that state law continues to control intrastate branching, or branching within a state's borders, for both state and national banks.McFadden was a "vociferous foe of the Federal Reserve", which he claimed was created and operated by Jewish banking interests who conspired to economically control the United States.