When Congress Passes a Law That Affects Financial Institutions, What

When Congress passes a law that affects financial institutions, what is the first thing that happens after the President signs the law?

A) Regulated institutions make necessary changes to comply with the law
B) The Federal Reserve drafts regulations to show how the law should be implemented
C) The American public is invited to comment or make suggestions on the law
D) The Federal Reserve Banks train examiners on how to evaluate whether financial institutions comply with the law

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