The key financial institutions in the United States include all of the following EXCEPT
A) the U.S. Treasury.
B) the Federal Reserve.
C) commercial banks, pension funds, and insurance companies.
D) government-sponsored mortgage lenders.

Question

Quizplus · Accepted Answer

The U.S. Treasury is not a financial institution; it is a government department responsible for managing government revenue, issuing currency, and formulating economic policy. Financial institutions typically refer to entities like banks, insurance companies, and pension funds that deal with financial transactions.

The Key Financial Institutions in the United States Include All