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The unchecked power of federal bank regulators

Por: The Hill Business November 07, 2022

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The Federal Deposit Insurance Corporation (FDIC) has neutered its system of independent review for the material supervisory decisions it makes concerning banks’ activities. That is a problem. Why? Because the FDIC is, perhaps surprisingly, one of the more powerful agencies in the federal government with an almost unlimited regulatory oversight over banking. One tool the FDIC uses in this oversight role is supervision, where it monitors banks... + full article



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