The Financial Stability Oversight Council Was Created by

question 31

Multiple Choice

The Financial Stability Oversight Council was created by

• A)President Roosevelt in 1939 to reduce unemployment and increase public-sector job opportunities.
• B)President Obama and Congress in 2010 to identify system-wide risks to the financial sector.
• C)Congress in 1965 to counter the influence of the growing influence of the Office of Management and Budget.
• D)President Reagan in 1980 to study the causes of inflation and make policy recommendations to reduce it.

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Definitions:

Late Adulthood

A stage in the human life cycle typically beginning in the mid-60s, characterized by continued cognitive, emotional, and social changes.

Child Abuse

Any action or failure to act by a caregiver or another person in a position of authority that results in harm or potential harm to a child, including physical, emotional, or sexual abuse, and neglect.

Stressful Conditions

Circumstances or environments that cause physical, emotional, or psychological strain or tension in individuals.

Spirituality

A broad concept that involves seeking a meaningful connection with something bigger than oneself, which can involve religious belief, personal growth, or a quest for purpose.