Which of the following institutions oversees the safety and stability of the u.s. banking system?
Question: Which of the following institutions oversees the safety and stability of the u.s. banking system?
The institution that oversees the safety and stability of the U.S. banking system is the Federal Reserve System, often referred to as the Fed. The Federal Reserve plays a critical role in regulating and supervising banks to ensure the stability and health of the nation's financial system. It also implements monetary policy to manage inflation, unemployment, and interest rates.
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