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The Major Provisions of the Financial Institutions Reform,Recovery,and Enforcement Act

Question 47

Multiple Choice
The major provisions of the Financial Institutions Reform,Recovery,and Enforcement Act of 1989 included

The major provisions of the Financial Institutions Reform,Recovery,and Enforcement Act of 1989 included


A) transferring the regulatory role of the Federal Home Loan Bank Board to the Office of Thrift Supervision, a bureau within the U.S. Treasury Department.
B) expanding the responsibilities of the FDIC, which is now the sole administrator of the federal deposit insurance system.
C) establishing the Resolution Trust Corporation to manage and resolve insolvent thrifts placed in conservatorship or receivership.
D) all of the above.
E) only A and B of the above.

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