AP US Historymediummcq1 pt
Which of the following most directly connects 1980s financial deregulation to the savings and loan crisis that followed?
A.New powers let savings and loans invest depositors' money in risky real estate, while federal insurance covered the losses when the investments failed
B.Deregulation required savings and loans to convert into commercial banks
C.Deregulation eliminated all federal deposit insurance
D.Deregulation prohibited savings and loans from making home loans