value:1\nwho set up a system to regulate banks?\n a. the federal reserve\n b. congress\n c. customers of…

value:1\nwho set up a system to regulate banks?\n a. the federal reserve\n b. congress\n c. customers of banks\n d. the president of the u.s.

value:1\nwho set up a system to regulate banks?\n a. the federal reserve\n b. congress\n c. customers of banks\n d. the president of the u.s.

Answer

Brief Explanations:

The Federal Reserve is the central - banking system of the United States and has the role of regulating banks. Congress makes laws related to banking but does not directly set up the regulatory system in the day - to - day sense. Bank customers do not have the power to regulate banks, and while the President may influence banking policies, it is the Federal Reserve that has the main regulatory function.

Answer:

A. The Federal Reserve