Your answer should be at least three sentences
• the United States banking system became stable through
stringent regulations put in place after the Great Depression, such as the Glass-Steagall Act and the creation of the Federal Deposit Insurance Corporation (FDIC).
• These regulations helped to prevent risky banking practices and protect consumers' deposits, ensuring the stability of the banking system.
• The US banking system continues to evolve with ongoing regulations and oversight to maintain stability and prevent another financial crisis.