lets see if your brain is engaged. please match up the statements below with one of the following federal…

lets see if your brain is engaged. please match up the statements below with one of the following federal agencies. match the number of the federal agency with the corresponding description. 1. consumer financial protection bureau (cfpb) 2. federal deposit insurance corporation (fdic) 3. federal reserve bank (the fed) 4. the office of the comptroller of the currency (occ) this agency preserves and promotes public confidence in the u.s. financial system by insuring deposits in banks and thrift institutions for at least $250,000. this agency writes and enforces rules for financial institutions, examines both bank and non - bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints. this is the united states central bank. it helps maintain high u.s. employment and stable prices for consumers. this is an organization of national bank examiners, charged with maintaining the data and soundness of the banks they supervise.

lets see if your brain is engaged. please match up the statements below with one of the following federal agencies. match the number of the federal agency with the corresponding description. 1. consumer financial protection bureau (cfpb) 2. federal deposit insurance corporation (fdic) 3. federal reserve bank (the fed) 4. the office of the comptroller of the currency (occ) this agency preserves and promotes public confidence in the u.s. financial system by insuring deposits in banks and thrift institutions for at least $250,000. this agency writes and enforces rules for financial institutions, examines both bank and non - bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints. this is the united states central bank. it helps maintain high u.s. employment and stable prices for consumers. this is an organization of national bank examiners, charged with maintaining the data and soundness of the banks they supervise.

Answer

Brief Explanations:

  1. The Federal Deposit Insurance Corporation (FDIC) insures bank and thrift institution deposits up to at least $250,000 to preserve public confidence in the U.S. financial system.
  2. The Consumer Financial Protection Bureau (CFPB) writes and enforces rules for financial institutions, examines bank and non - bank entities, monitors markets and tracks consumer complaints.
  3. The Federal Reserve Bank (The Fed) is the U.S. central bank and aims to maintain high employment and stable prices.
  4. The Office of the Comptroller of the Currency (OCC) is an organization of national bank examiners charged with maintaining bank data and soundness.

Answer:

    1. Federal Deposit Insurance Corporation (FDIC)
    1. Consumer Financial Protection Bureau (CFPB)
    1. Federal Reserve Bank (The Fed)
    1. The Office of the Comptroller of the Currency (OCC)