The correct matching of the given government agencies is as follows:
- 1. Consumer Financial Protection Bureau (CFPB)
This agency writes and enforces rules for financial institutions, examines both bank and non-bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints.
- 2. Federal Deposit Insurance Corporation (FDIC)
This agency preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000
- 3. Federal Reserve Bank (The Fed)
This is the United States central bank. It helps maintain high U.S. employment and stable prices for consumers.
- 4. The Office of the Comptroller of the Currency (OCC)
This is an organization of national bank examiners, charged with maintaining the data and soundness of the banks they supervise.
<h3>What is a Government Agency?</h3>
This refers to the organisation which are set up by the state or federal government in order to regulate certain aspects of the society to protect them from abuse and misuse.
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