Sector Regulation Sector Regulation

US FDIC bank resolution proposal would penalize violators, drawing Republican fire

By Neil Roland
  • 05 Sep 2023 17:47
  • 05 Sep 2023 17:47
The US Federal Deposit Insurance Corp. proposal to tighten resolution plans by banks in the event of their failure would let the government impose fines, asset caps and divestitures on violators, eliciting pushback from Republican commissioners on legal grounds.
The proposal, a response to the collapse of Silicon Valley Bank

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

Discover MLex

Stay on top of global regulatory developments

Latest News