Which federal agency ensures that all U.S. financial institutions follow banking laws and regulations?

Business

2 answers:

Alisiya [41]3 years ago

5 0

Answer: Federal Deposit Insurance Corporation (FDIC)

Explanation: Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions. Created by the 1933 Banking Act, the FDIC examines and supervises certain financial institutions for safety and soundness, providing deposit insurance to depositors in U.S. commercial banks and savings banks.

marin [14]3 years ago

3 0

Federal Deposit Insurance Corporation ensures that all U.S. financial institutions follow banking laws and regulations

Explanation:

Federal Deposit Insurance Corporation is an important governmental institution which is the seminal institution in the following of the banking laws and regulations which is the prime responsibility of the federal agency in question.

They do this by looking at the deposit data and making companies regulate and follow the transit laws put in place by the trade laws of the country This is also the institution that covers the work of insurance.

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mash [69]

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Explanation:

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