What is one way that politicians provided safeguards for bank depositors and investors?

Responses

the Seventeenth Amendment
the Seventeenth Amendment

national child labor law
national child labor law

Federal Deposit Insurance Corporation

1 answer

One way that politicians provided safeguards for bank depositors and investors is through the establishment of the Federal Deposit Insurance Corporation (FDIC). The FDIC was created in 1933 to insure bank deposits, thereby protecting depositors' funds in the event of a bank failure.