Banking Regulations and Their Impact

Who has been appointed as the new head of Bank supervision at the Federal Reserve?

• Ben Bernanke

• Jerome Powell

• Michelle Bowman

• Janet Yellen

What is one potential benefit of loosening banking regulations?

• Stricter lending policies

• More economic growth

• Higher interest rates

• Increased bank failures

What was a consequence of the 2008 financial crisis that led to stricter regulations?

• Banks had too many regulations

• Banks took excessive risks without enough oversight

• Banks had too much cash in reserve

• Banks were too cautious in lending

What does FDIC insurance protect?

• Bank deposits up to $250,000 per account

• Stock investments

• Bank loans

• Real estate investments

What should consumers do to ensure their savings are protected under looser regulations?

• Withdraw all savings

• Spread money across multiple banks

• Ignore bank policies

• Invest all money in one bank