Another type of financial intermediary is a non-depository institution such as an insurance company. Insurance companies collect premiums for various types of coverages; auto, home, and liability.They do not immediately pay out the all the premiums in losses.n this lesson, we'll describe the players in this process, borrowers and savers, explain the different types of financial intermediaries, and discuss the advantages of financial intermediation.
The Cabinet. Established in Article II, Section 2 of the Constitution, the Cabinet's role is to advise the President on any subject he may require relating to the duties of each member's respective office. The tradition of the Cabinet dates back to the beginnings of the Presidency itself. Established in Article II, Section 2, of the Constitution, the Cabinet's role is to advise the President on any subject he may require relating to the duties of each member's respective office.
Quick Answer. The executive branch of the United States, headed by the president, has the primary duty of administering and implementing federal laws. In addition to the president, who acts as commander in chief, the Vice president also has a prominent role in directing the activities of the executive branch.