If nominated, the new chairman of bank overseer FDIC could support less regulation
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The board of the Federal Deposit Insurance Corporation, which regulates many of the country’s smaller banks and oversees the “living wills” of larger banks, could soon have a new chairman. President Trump plans to tap long-time Republican congressional staffer James Clinger for the role, which would require congressional approval. What could change at the FDIC under a new chair?
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