The FDIC Needs to Look Inward Before Pointing Fingers Out
Innovative Payments Association
DECEMBER 10, 2024
Changes are needed at the FDIC. Last week the Government Accountability Office (GAO) released a study regarding how the Federal Reserve and the FDIC ”Should Address Weaknesses in Their Process for Escalating Supervisory Concerns.” This suggests to me the FDIC is out of touch with the current marketplace.
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