Question

The concerns of Congress during the investigation of financial frauds in the early 1980s can be described as

Answer 1

The concerns of Congress during the investigation of financial frauds in the early 1980s can be described as focusing on the need for stronger regulations and oversight to prevent future frauds.

Step-by-step explanation:

The concerns of Congress during the investigation of financial frauds in the early 1980s can be described as focusing on the need for stronger regulations and oversight to prevent future frauds.

Congress was concerned about the lack of transparency and accountability in the banking system, which allowed for fraudulent activities to go undetected.

They wanted to ensure that bank supervisors were making their findings public and taking immediate action when problems were identified.