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The Wall Street Reform and Consumer Protection Act of 2010 tried to address some of the problems that helped cause the financial crisis of 2007-2008 by O preventing banks from merging. capping the interest rate that banks could charge to consumers. O giving the Federal Reserve broader authority to regulate all large financial institutions, O creating the Office of Thrift Supervision to increase the oversight of all financial institutions.

The Wall Street Reform and Consumer Protection Act of 2010 tried to address some of the problems that helped cause the financial crisis of 2007-2008 by O preventing banks from merging. capping the interest rate that banks could charge to consumers. O giving the Federal Reserve broader authority to regulate all large financial institutions, O creating the Office of Thrift Supervision to increase the oversight of all financial institutions.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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The Wall Street Reform and Consumer Protection Act of 2010 tried to address some of the problems that helped cause the financial crisis of 2007-2008 by O preventing banks from merging. O capping the interest rate that banks could charge to consumers. O giving the Federal Reserve broader authority to regulate all large financial institutions, O creating the Office of Thrift Supervision to increase the oversight of all financial institutions.
Transcribed Image Text:The Wall Street Reform and Consumer Protection Act of 2010 tried to address some of the problems that helped cause the financial crisis of 2007-2008 by O preventing banks from merging. O capping the interest rate that banks could charge to consumers. O giving the Federal Reserve broader authority to regulate all large financial institutions, O creating the Office of Thrift Supervision to increase the oversight of all financial institutions.
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