Which of the following currently manages the insurance funds for both commercial banks and savings institutions?

Question

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The Federal Deposit Insurance Corporation (FDIC) currently manages the insurance funds for both commercial banks and savings institutions. FSLIC (Federal Savings and Loan Insurance Corporation) was dissolved in 1989 and its responsibilities were transferred to the FDIC. The OCC (Office of the Comptroller of the Currency) is responsible for regulating and supervising national banks and federal savings associations, but not insurance funds. The FRS (Federal Reserve System) is responsible for maintaining monetary policy and regulating banks but not insurance funds. State authorities may also have insurance funds, but the question specifically asks for a federal authority that manages insurance funds for both commercial banks and savings institutions.

Which of the Following Currently Manages the Insurance Funds for Both