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 ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

compliance
AI, Research
April 18, 2024

One in five banks now prioritise integrating AI into compliance

Some banks are developing ways to ease the burden on compliance teams
Read more