Which of the following acts to protect depositors from a bank run by insuring all deposits up to $250,000?

Question

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The Federal Deposit Insurance Corporation (FDIC) is responsible for insuring all deposits at member banks up to $250,000 in the event of a bank failure or closure. This helps to protect depositors from losing their savings in the event of a bank run or other financial crisis. The Department of Justice, Federal Reserve, and Office of Management and Budget do not have a primary role in insuring bank deposits.

Which of the Following Acts to Protect Depositors from a Bank