How does the Federal Deposit Insurance Corporation continue to affect the American public today? A. It redistributes wealth by providing housing loans to people in poor communities. B. It strengthens confidence

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asked Oct 22, 2024 140k views

2 votes

How does the Federal Deposit Insurance Corporation continue to affect the American public today?

A. It redistributes wealth by providing housing loans to people in poor communities.
B. It strengthens confidence in the financial system by insuring bank deposits.
C. It allocates a portion of all bank deposits to federal reform initiatives.
D. It guarantees the safety of investments by regulating stock market speculation.