Asked by Lynette Madison on Jul 02, 2024

Deregulation of banks and other depository institutions allowed the FDIC to open bank branches of its own.

Deregulation

The process of reducing or eliminating government controls and restrictions in an industry to enhance efficiency and competition.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that provides insurance protection to depositors in US banks.

  • Gain insight into how the banking sector and economic condition are impacted by financial instruments and regulatory reforms.