The Ability to Use the Too-Big-To-Fail Policy Was Curtailed by the Passage

Multiple Choice

The ability to use the too-big-to-fail policy was curtailed by the passage of the FDICIA. To use this action today,the FDIC must get approval of a two-thirds majority of both the Board of Governors of the Federal Reserve and the directors of the FDIC and also the approval of the

A) Secretary of the Treasury.
B) Senate Finance Committee Chairperson.
C) President of the United States.
D) governor of the state in which the failed bank is located.