The Garn-St. Germain Depository Institutions Act, among other things
A) extended the FED's control to thrift institutions and to commercial banks that are not members of the Fed.
B) enabled depository institutions to issue money market accounts with no regulated interest rate ceiling.
C) was designed to assist the investment banking industry.
D) allowed commercial banks to lend to each other.
Correct Answer:
Verified
Q125: The Federal Savings and Loan Insurance Corporation
A)
Q126: The Federal Deposit Insurance Corporation Improvement Act
Q127: The First Bank of the United States
Q128: Legislation that permits depository institutions to compete
Q129: The First Bank of the United States
A)
Q131: The _ made it possible for banks
Q132: The Second Bank of the United States
Q133: During the colonial period in the nation's
Q134: Legislation that provided for the separation of
Q135: Our system of national banks
A) was designed
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