What is the primary role of the FCC (Federal Communications Commission)?

The primary role of the FCC (Federal Communications Commission) is to regulate all nonfederal interstate telecommunications. This encompasses overseeing various aspects of communication including radio, television, wire, satellite, and cable. The FCC's mission is to ensure that these services are available to all Americans, promoting competition and innovation in the telecommunications industry while protecting the public interest. The commission also enforces laws that prohibit unfair practices and safeguards consumer rights in communications.

The other choices do not accurately reflect the FCC's responsibilities. While the management of banking regulations falls under different agencies like the Federal Reserve or the Office of the Comptroller of the Currency, international trade is governed by the Department of Commerce and other entities. Lastly, although the FCC may play a role in policies related to telecommunications infrastructure, the direct management of funding for such projects is typically handled by other federal programs or state initiatives.