Recall the Application about how policymakers use stress tests to protect the financial system to answer the following question(s).
-According to this Application, after the financial crisis of 2008, Treasury Secretary Timothy Geithner and his staff made a proposal that major banks and financial institutions be subjected to

Question

Quizplus · Accepted Answer

The application states that after the financial crisis of 2008, Treasury Secretary Timothy Geithner and his staff proposed that major banks and financial institutions be subjected to stress tests in order to protect the financial system. Therefore, option B, stress tests, is the correct answer. Option A, yearly audits, is not mentioned and option C, regulation by Congress, is not specifically proposed by Geithner and his staff in this context. Option D, none of the above, is not correct as option B is the correct answer.

Recall the Application About How Policymakers Use Stress Tests to Protect