What was established in 1914 to ensure fair competition in banking and commerce?

The Federal Trade Commission (FTC) was established in 1914, primarily to prevent unfair business practices and ensure fair competition in the marketplace. Its creation was a response to concerns about monopolies and unethical corporate behavior that could harm consumers and stifle competition. The FTC is empowered to investigate and enforce laws against anti-competitive behavior, deceptive advertising, and unfair business tactics, making it a critical authority in maintaining a healthy economic environment for both consumers and businesses.

The other options do not align with the historical context of the FTC's establishment in 1914. The Consumer Protection Agency is a modern concept and does not date back to that time period, while the Financial Stability Board and Fair Trade Commission serve different functions or are associated with different time frames and issues. The FTC specifically addresses the competitive landscape and consumer rights arising from unfair practices in commerce and banking, which is why it is the correct choice.