Reforms and regulatory changes in U.S. financial institutions are best associated with:
A) international events affecting U.S. financial institutions.
B) periods of severe economic and financial problems in the U.S. economy.
C) voter changing the majority party in Congress.
D) recommendations of presidential commissions.

Question

Quizplus · Accepted Answer

Reforms and regulatory changes in U.S. financial institutions are typically enacted in response to severe economic and financial problems, such as the Great Depression or the 2008 financial crisis, to prevent future crises and stabilize the economy.

Reforms and Regulatory Changes in U