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Tag: FDIC

Fact Sheet: Trump Administration’s Plans to Abandon Proposal to Hold Bank Directors Accountable Will Result in More Crashes

WASHINGTON, D.C.— Shayna Olesiuk, Director of Banking Policy, issued the following statement in connection with the release of Better Markets’ new Fact Sheet, “Bank Directors Must Be Held Accountable.” “Banks—including the biggest banks in the country headquartered on Wall Street—have repeated failures of the most basic risk controls, routinely break the law, and too often […]

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Given the Growing Number of Too-Big-To-Fail Banks, Better Markets Applauds FDIC For Soliciting the Public’s Input on Its Bank Merger Policies

FOR IMMEDIATE RELEASE Thursday, December 9, 2021 Contact: Evelyn Swan at 202-618-6433 or [email protected] WASHINGTON, D.C.— Today, Dennis Kelleher, Co-founder, President, and Chief Executive Officer of Better Markets, issued the following statement on today’s action by the FDIC to issue a request for information from the public regarding its bank merger policies: “We applaud the FDIC […]

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