can someone explain specifically article 1, section 8, clause 5 for me in kindergarten level words? what powers does it give to congress?

The banking act of 1933, also known as the glass-steagall act, established the federal deposit insurance corporation (fdic), which a protected banks from failure by ensuring that the government would bail them out if necessary. b required american taxpayers to establish an account with a commercial bank. c protected depositors from financial losses when banks failed.