Federal Deposit Insurance Act
E155077
The Federal Deposit Insurance Act is a U.S. law that establishes federal deposit insurance for bank customers and sets the framework for regulating and resolving insured depository institutions.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Federal Deposit Insurance Act canonical | 16 |
How this entity was disambiguated
This entity first appeared as the object of triple T1341068 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Federal Deposit Insurance Act Context triple: [Public Law 111-203, amended, Federal Deposit Insurance Act]
-
A.
Federal Reserve Act of 1913
The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
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B.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
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C.
Banking Act of 1935
The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
-
D.
Federal Farm Loan Act
The Federal Farm Loan Act was a 1916 U.S. law that created a system of federal land banks to provide long-term, low-interest credit to farmers, greatly expanding access to agricultural financing.
-
E.
National Banking Act of 1863
The National Banking Act of 1863 was a U.S. Civil War–era law that created a system of nationally chartered banks and a uniform national currency, reshaping the American banking and monetary system.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Federal Deposit Insurance Act Target entity description: The Federal Deposit Insurance Act is a U.S. law that establishes federal deposit insurance for bank customers and sets the framework for regulating and resolving insured depository institutions.
-
A.
Federal Reserve Act of 1913
The Federal Reserve Act of 1913 is the U.S. law that created the Federal Reserve System as the nation’s central bank to provide a safer, more flexible, and more stable monetary and financial system.
-
B.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
-
C.
Banking Act of 1935
The Banking Act of 1935 was a landmark U.S. law that restructured the Federal Reserve System and strengthened federal control over monetary policy and bank regulation during the New Deal era.
-
D.
Federal Farm Loan Act
The Federal Farm Loan Act was a 1916 U.S. law that created a system of federal land banks to provide long-term, low-interest credit to farmers, greatly expanding access to agricultural financing.
-
E.
National Banking Act of 1863
The National Banking Act of 1863 was a U.S. Civil War–era law that created a system of nationally chartered banks and a uniform national currency, reshaping the American banking and monetary system.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
banking law ⓘ |
| administeredBy | Federal Deposit Insurance Corporation ⓘ |
| amendedBy |
Dodd–Frank Wall Street Reform and Consumer Protection Act
ⓘ
Federal Deposit Insurance Corporation Improvement Act of 1991 ⓘ Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ⓘ Gramm-Leach-Bliley Act of 1999 ⓘ
surface form:
Gramm–Leach–Bliley Act
|
| appliesTo |
commercial banks
ⓘ
insured branches of foreign banks in the United States ⓘ savings associations ⓘ |
| authorizes |
Federal Deposit Insurance Corporation
ⓘ
surface form:
FDIC to act as receiver for failed insured depository institutions
FDIC to examine insured depository institutions ⓘ FDIC to provide financial assistance to troubled insured institutions under certain conditions ⓘ FDIC to take enforcement actions against unsafe or unsound banking practices ⓘ |
| codifiedIn | Title 12 of the United States Code ⓘ |
| codifiedSections | 12 U.S.C. § 1811 et seq. ⓘ |
| containsProvision |
prompt corrective action framework
ⓘ
regulation of interest rates on certain deposits (historically) ⓘ restrictions on brokered deposits ⓘ restrictions on transactions with affiliates ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| creates | Federal Deposit Insurance Corporation ⓘ |
| dateEnacted | 1933-06-16 ⓘ |
| defines |
categories of insured deposits
ⓘ
deposit insurance coverage limits ⓘ grounds for termination of deposit insurance ⓘ standards for unsafe or unsound banking practices ⓘ |
| effectiveDate | 1934-01-01 ⓘ |
| enactedBy | United States Congress ⓘ |
| establishes |
Deposit Insurance Fund
ⓘ
surface form:
FDIC Deposit Insurance Fund
|
| jurisdiction | federal jurisdiction of the United States ⓘ |
| language | English ⓘ |
| partOf | New Deal legislation ⓘ |
| policyArea |
bank regulation
ⓘ
consumer financial protection (for depositors) ⓘ financial stability ⓘ |
| primaryPurpose |
establish federal deposit insurance for bank deposits
ⓘ
promote stability and confidence in the U.S. banking system ⓘ provide framework for regulation of insured depository institutions ⓘ provide framework for resolution of failed insured depository institutions ⓘ |
| regulates | insured depository institutions ⓘ |
| relatedTo |
Bank Holding Company Act of 1956
ⓘ
Federal Reserve Act of 1913 ⓘ
surface form:
Federal Reserve Act
National Banking Act of 1863 ⓘ
surface form:
National Bank Act
|
| requires |
assessment of insurance premiums on insured institutions
ⓘ
maintenance of adequate deposit insurance reserves ⓘ |
| shortName | FDIA ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Federal Deposit Insurance Act Description of subject: The Federal Deposit Insurance Act is a U.S. law that establishes federal deposit insurance for bank customers and sets the framework for regulating and resolving insured depository institutions.
Referenced by (16)
Full triples — surface form annotated when it differs from this entity's canonical label.