I believe that is a corporation.
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Reforms & regulation of big business.
No, they have no business controling banks. A degree of regulation and oversight is in order but a bank owned by a private individual or share holders should remain in their hands since they are the ones that own the company.
A business license. In most jurisdictions, in order to operate a business of any kind, you are required to obtain a business license from your local authority (commonly, the city or county government).
No, the government is not responsible; it's the business owners who are.
The main job of the federal government is to "enforce" the laws.