Question

select the correct term from each box.
complete the paragraph about regulatory agencies.
in 2008, some national banks received money from the government, called \bailouts\ because they were on the verge of failure and needed cash to survive through the crisis. the ______ was established because the public wanted to be assured that big banks were going to be held
options: consumer financial protection bureau, financial stability oversight council, federal deposit insurance corporation

Explanation:

To determine the correct term, we analyze the context. The first blank after "called" refers to the government's financial aid to banks, which is "bailouts". For the regulatory agency established to assure big banks are held accountable, the "Financial Stability Oversight Council" is relevant as it oversees financial stability, including bank accountability post - crisis.

Answer:

First blank: bailouts
Second blank: Financial Stability Oversight Council