Take a position on whether federal regulation helps or hurts U.S. banks. Provide support for your position.compare the main types of consumer and economic information each Website provides.Explain why these sites list are the same or different.
Federal regulation in the aggregate definitely helps U.S banks. The FDIC effectively ended bank runs. This is the single most important part of banking in the modern day. Depositors are no longer scared they will lose their money, thus creating much needed financial stability.
The office of the controller of the currency website lists all applications for bank mergers, opening branches, closing branches, etc. This further bolsters consumer confidence. The National Information Center of Banking Information has balance sheets and other financial information, creating transparency that can create confidence. These lists are different to create a full array of information on banks.
Apr 19th, 2015
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