Question

What group is responsible for stepping in to prevent a bank run?

Answer 1

What group is responsible for stepping in to prevent a bank run isbanking regulators like the Fed.

I hope this helps!

Answer 2

The answer is: banking regulators like the Fed

Bank run refers to a situation when a large group of people withdraw the money that they save from the bank within a short period of time.

The banking regulators could prevent such things from occurring by creating monetary policies that attract the people to keep their saving in the banks. For example, the feds could increase the interest revenue that obtained by the pole from their saving.