The two-party system of American governance was established as a result of differences between Hamilton and Jefferson. The Federalist party, which was founded by Hamilton and other proponents of a more powerful national government and had leaders like John Adams and John Jay, was founded.
The system of checks and balances is an important part of the Constitution. With checks and balances, each of the three branches of government can limit the powers of the others. ... Each branch “checks” the power of the other branches to make sure that the power is balanced between them.
FDIC
Federal Deposit Insurance Corporation provides deposit
insurance in US commercial banks and savings institutions. The FDIC insures
deposits in Federal Reserve member banks. This was established by President
Roosevelt to end uncertainty in the banking system. It improved consumer
confidence.