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23 June, 19:05

Which federal agency ensures that all U. S. financial institutions follow banking laws and regulations?

Office of the Comptroller of the Currency

Federal Deposit Insurance Corporation

Securities and Exchange Commission

Bureau of Consumer Protection

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  1. 23 June, 19:21
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    Federal Deposit Insurance Corporation ensures that all U. S. financial institutions follow banking laws and regulations

    Explanation:

    Federal Deposit Insurance Corporation is an important governmental institution which is the seminal institution in the following of the banking laws and regulations which is the prime responsibility of the federal agency in question.

    They do this by looking at the deposit data and making companies regulate and follow the transit laws put in place by the trade laws of the country This is also the institution that covers the work of insurance.
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