Problem
Should the Fed be independent or a government agency subordinate to Congress and the president? Which banks must be insured by the FDIC? Which banks can choose not to be insured by the FDIC? Briefly discuss the importance of the Depository Institutions Deregulation and Monetary Control Act of 1980.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.