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FDIC seeks a rollback of bank merger rule

Image of the FDIC Headquarters Building in Washington, DC.
Photo: J. David Ake/Getty Images

Julie DiMauro

1 min read
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The FDIC Board of Directors just approved a proposal to rescind the agency’s 2024 Statement of Policy on Bank Merger Transactions.

The Federal Deposit Insurance Corporation (FDIC) has moved to rescind a Biden-era policy that imposed greater scrutiny on proposed bank mergers, a major regulatory rollback under the agency’s new Republican control in the Trump Administration.

The FDIC is one of several regulators that evaluate bank deals –

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