Question What did the Federal Reserve do in response to the financial crisis of 2008? Responses took control of 50 percent of the commercial banks in the country took control of 50 percent of the commercial banks in the country allowed the largest financial institutions to fail allowed the largest financial institutions to fail nationalized the banks in the United States nationalized the banks in the United States loaned financial institutions more than $2.5 trillion loaned financial institutions more than $2.5 trillion
