Question

Which act established the FDIC?(1 point)
Responses

Banking Act of 1935
Banking Act of 1935

Banking (Glass-Steagall) Act of 1933
Banking (Glass-Steagall) Act of 1933

Financial Services Modernization Act of 1999
Financial Services Modernization Act of 1999

Home Owners’ Loan Act of 1933

Answer 1

The act that established the FDIC (Federal Deposit Insurance Corporation) is the **Banking (Glass-Steagall) Act of 1933**.