Fed Reviews Bank Supervision as Senate Begins Hearings
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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What action did the Federal Reserve take in response to criticism about its relationship with banks?
Reduced its regulatory powers
Increased interest rates
Merged with another financial institution
Launched two internal investigations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who leaked internal information from the New York Fed to Goldman Sachs?
Carmen Segarra
Peter Cook
Bill Dudley
A former Fed employee
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did Carmen Segarra's audiotapes allegedly reveal about Fed officials?
They were too aggressive with banks
They were fearful of the banks they regulate
They were planning to increase interest rates
They were reducing bank regulations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Fed's sweeping review of its practices?
To increase bank profits
To ensure it is not too cozy with banks
To merge with international banks
To reduce the number of banks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential action did Bill Dudley suggest if bad behavior in banks persists?
Breaking up large firms
Increasing interest rates
Merging banks
Reducing bank regulations
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