Banking Regulations and Their Impact

Who has been appointed as the new head of Bank supervision at the Federal Reserve?

• Michelle Bowman

• Ben Bernanke

• Jerome Powell

• Janet Yellen

What is one potential benefit of loosening banking regulations?

• Increased bank failures

• More economic growth

• Stricter lending policies

• Higher interest rates

What happened to Silicon Valley Bank in 2023?

• It collapsed due to insufficient cash reserves

• It was unaffected by market conditions

• It was acquired by a larger bank

• It expanded internationally

What does FDIC insurance protect?

• Real estate investments

• Bank loans

• Stock investments

• Bank deposits up to $250,000

What should consumers do to ensure their savings are protected?

• Ignore bank policies

• Spread money across multiple banks

• Keep all money in one bank

• Invest in stocks