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Supervision & Enforcement
BPI Statement on FDIC’s Irregular Attempt to Request Information Regarding Bank Merger Transactions
Washington, D.C. — Greg Baer, President and CEO of the Bank Policy Institute, issued the following statement in reaction to a statement by two members of the Federal Deposit Insurance Corporation’s board of directors: Yesterday CFPB Director Chopra and FDIC board member Gruenberg attempted to advance an FDIC proposal through an unprecedented and irregular procedure. …
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