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RSS FeedsFinancial Regulation and the Federal Budget
(WorldNews Politics)

 
 

19 september 2019 21:16:25

 
Financial Regulation and the Federal Budget
(WorldNews Politics)
 


Financial institutions, such as banks, play a vital role in the economy by channeling funds from investors to households and businesses that need financing. By doing so, such institutions support economic activity, including household consumption and business investment, and thereby contribute to economic growth and job creation. But instability in the financial industry can spill over into the economy and may even cause severe recessions, as demonstrated by the financial crisis of 2007 to 2009. Financial regulation and government guarantees, such as deposit insurance, are intended to protect consumers and investors and to ensure that the financial system remains stable and continues to make...


 
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