The Ability to Use the Too-Big-To-Fail Policy Was Curtailed by the Passage

question 32

Multiple Choice

The ability to use the too-big-to-fail policy was curtailed by the passage of the FDICIA. To use this action today,the FDIC must get approval of a two-thirds majority of both the Board of Governors of the Federal Reserve and the directors of the FDIC and also the approval of the

• A) Secretary of the Treasury.
• B) Senate Finance Committee Chairperson.
• C) President of the United States.
• D) Governor of the state in which the failed bank is located.

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Definitions:

Affirmative Consent

Explicitly saying yes to any sexual behavior with another person.

Lack Of Resistance

A situation in which someone does not oppose or resist something, sometimes indicating consent or acquiescence.

No Means No

A phrase emphasizing that refusal or denial does not require justification and should be respected, often used in the context of sexual consent.

Consent

The agreement between participants to engage in a specific activity, given freely and willingly, and can be withdrawn at any time.