QUESTION IMAGE
Question
a current federal program from the new deal that is directly related to the banking industry is the
fha.
wpa.
ssa
fdic.
Brief Explanations
- FHA (Federal Housing Administration) focuses on mortgage lending, not direct banking regulation.
- WPA (Works Progress Administration) was a jobs program, unrelated to banking.
- SSA (Social Security Administration) manages retirement/benefits, not banking.
- FDIC (Federal Deposit Insurance Corporation) was created in the New Deal to insure bank deposits, directly regulating and stabilizing the banking industry, and it still operates today.
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D. FDIC.