Multiple Choice
The __________, passed in 1989, injected $50 billion into the newly created SAIF, set up the Office of Thrift Supervision (OTS) and the Resolution Trust Corporation (RTC) , made deposit insurance a full-faith and credit obligation of the federal government, imposed new regulations on assets, and imposed capital requirements.
A) Community Reinvestment Act
B) Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)
C) Federal Deposit Insurance Corporation Improvement Act (FDICIA)
D) Interstate Banking and Branching Efficiency Act (IBBEA)
Correct Answer:
Verified
Correct Answer:
Verified
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