Out-of-the-box thinking is indeed needed. But it is curious to me that Trump would select the FDIC, of all bank regulators, to eliminate. FSLIC was eliminated during the S&L crisis (late 80s, to you youngsters), placing all deposit insurance for banks under one umbrella (excluding credit unions). Is this focus on the FDIC a result of the terrible report on the toxic workplace culture issued within the past year? Gruenberg announced he would step down when a new Chairman was named, Biden failed to do so.
Yes, some other agency could manage deposit insurance. But separating that function from declaring a bank insolvency and managing the "sale" of the failed institution, which is intimately related to insured deposits, seems the wrong decision.
Hemp will remain overregulated.
Why do you think the Street is pushing back to work- protection of assets
https://www.saferbankingresearch.com/articles
676480
the big boyswillswalow the smalguys. like the engineered. 2008
Out-of-the-box thinking is indeed needed. But it is curious to me that Trump would select the FDIC, of all bank regulators, to eliminate. FSLIC was eliminated during the S&L crisis (late 80s, to you youngsters), placing all deposit insurance for banks under one umbrella (excluding credit unions). Is this focus on the FDIC a result of the terrible report on the toxic workplace culture issued within the past year? Gruenberg announced he would step down when a new Chairman was named, Biden failed to do so.
Yes, some other agency could manage deposit insurance. But separating that function from declaring a bank insolvency and managing the "sale" of the failed institution, which is intimately related to insured deposits, seems the wrong decision.