What agencies are included in the category of "Federal banking agencies"?

The correct choice encompasses various entities responsible for overseeing different facets of the banking system in the United States. The category of "Federal banking agencies" includes both the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (FDIC), both of which are vital in regulating and supervising banks and ensuring the health of the nation's banking system. Additionally, the Comptroller of the Currency and the National Credit Union Administration also fall under this category, as they oversee national banks and federal credit unions, respectively.

This reflects the necessary collaboration and division of responsibilities among federal agencies to ensure comprehensive oversight of the banking industry. Each of these agencies plays a critical role in maintaining financial stability and protecting consumers by enforcing banking laws and regulations.

In this context, while Fannie Mae and Freddie Mac are important entities in the housing finance market, they do not function as federal banking agencies, leading to the exclusion of that option.