While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” American Express investment bank converts into a commercial bank.  As a commercial bank AE will have permanent access discount loans from the privately owned Federal Reserve System of (central) banks; but will be subject to more stringent Federal regulation.

       [added 7/31/2021]