How did much of U.S.finance come to be little supervised after Reagan's tenure as president?
A)Congress has generally delivered whatever the finance industry specified, and regulations and safeguards were rolled back.
B)Presidents have generally delivered whatever the finance industry specified, and regulations and safeguards were rolled back.
C)Congress has generally delivered whatever the finance industry specified, save the regulations and safeguards the industry pushed.
D)Citizens have generally pushed against most legislation having to do with the finance industry, including regulations and safeguards related to the finance industry.

Question

Quizplus · Accepted Answer

During Reagan's tenure as president, there was a push for deregulation and a belief that free markets were better suited to regulate industries. Congress, therefore, rolled back many regulations and safeguards in response to the demands of the finance industry. This led to a shift towards less supervision and greater opportunities for financial institutions to engage in risky behavior.

How Did Much of U