Analysis, Governance

FDIC resignation raises fears of US agencies becoming politicised

By Farah Khalique
Martin J Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC). Image: Bloomberg

A recent coup at the US regulator charged with preventing another too-big-to-fail banking disaster spells a new low for regulatory dialogue.

When Jelena McWilliams handed in her resignation as chairman of the Federal Deposit Insurance Corp (FDIC), it marked the end of a ferocious power struggle that gave a rare ...

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