Well, some red stuff says that "need more than 20 letters", so that's why I'm typing this up.
T-R-U-E
It's true! :)
After a bill is submitted it is assigned to a specialized committee which is in charge of debating its content. If the bill is passed by the committee, it will go to the Senate for a hearing. If it gets the necessary votes and is passed by the Senate, it will then be passed to the House of Representatives for the same process to executed. After both Houses pass it, it is submitted to the President's bureau in order to get the approval and signature from the President and be turned into a Law.
The people felt like they couldn't trust the banks anymore. So everyone started to go to the banks and withdrawl their money. Then the FDIC was invented to secure that banks would give your money back.
