The FDIC and Its Discontents: A Meditation and Proposal
The Federal Deposit Insurance Corporation (FDIC or Corporation) has recently made news in typical Washington, DC fashion: a fight over power. A conflict between the FDIC Chairperson, a Trump Administration holdover, and the three members of the FDIC board – appointed by Democratic Administrations – over bank merger review protocols led to the Chairperson’s resignation.[1] Accordingly, the… Read More »