When and why was the FDIC created?

When and why was the FDIC created? An independent agency of the federal government, the FDIC was created in 1933 in response to the thousands of bank failures that occurred in the 1920s and early 1930s. Why was the FDIC created quizlet? The FDIC was created in 1933 to maintain public confidence and encourage stability … Continue reading When and why was the FDIC created?