If nominated, the new chairman of bank overseer FDIC could support less regulation
If nominated, the new chairman of bank overseer FDIC could support less regulation
The board of the Federal Deposit Insurance Corporation, which regulates many of the country’s smaller banks and oversees the “living wills” of larger banks, could soon have a new chairman. President Trump plans to tap long-time Republican congressional staffer James Clinger for the role, which would require congressional approval. What could change at the FDIC under a new chair?
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