Answers
1. The Federal Reserve
2. The Federal Deposit Insurance Corporation
Step-by-step explanation
The Federal Reserve sets the federal fund rate, which is an interest rate banks are supposed to charge each other for overnight loans. The Fed has a monetary policy that changes the supply of reserves in the banking system. The Fed uses the monetary policy to control inflation and ensure there is average price stability in the country.
The Federal Deposit Insurance Corporation (FDIC) insures deposits as per the ownership category in which the money is insured and how the accounts are named. This independent federal agency insures deposits in the United States banks and operates well during cases of bank failures. The FDIC insures to $250000 per depositor.