Regulatory Activity in the United States

Multiple Choice

Regulatory activity in the United States:

A) started almost immediately after the passage of a Constitutional amendment empowering the government to secure the public interest.
B) started in 1913 with the advent of the regulatory arm of the Federal Reserve System.
C) started in 1887 with the control of the banking system by the Federal Reserve.
D) started in 1887 with the creation of the Interstate Commerce Commission.
E) peaked during the Reagan administration after declining somewhat under President Carter.