The Paypers
MAY 2, 2023
First Republic Bank (FRB) has fallen over, but the Federal Deposit Insurance Corporation (FDIC) is closed by the California Department of Financial Protection and Innovation.
Global Fintech & Digital Assets
JANUARY 12, 2024
Endnotes [1] The FFIEC members are the Board of Governors of the Federal Reserve System (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Consumer Financial Protection Bureau (CFPB), the National Credit Union Administration (NCUA), and the State Liaison Committee. [2]
PYMNTS
OCTOBER 12, 2016
Although the FRB, ITC, SEC, FDIC, FCC, NCUA, etc., The ultimate architects of the Bureau wanted it to be insulated from the political branches, including the President, precisely because they did not believe that a politically responsive bureau would vindicate the interests of consumers over industry, “Brown said.
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