FDIC Going 'Backwards' On Innovation, GOP Lawmakers Say

[Gunnar Larson]

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FDIC Going 'Backwards' On Innovation, GOP Lawmakers Say
<https://www.law360.com/banking/articles/1793519?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-05&read_main=1&nlsidx=0&nlaidx=0>

By Jon Hill

Republican lawmakers on Friday called out the Federal Deposit Insurance
Corp. over a move last year to scale back a Trump-era innovation unit at
the agency, saying they are concerned about a shift in regulatory posture
chilling banks' engagement with fintech.

 Letter attached | Read full article »
<https://www.law360.com/banking/articles/1793519?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-05&read_more=1&nlsidx=0&nlaidx=0>
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<https://www.law360.com/banking/articles/1793519?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-05&read_later=1&nlsidx=0&nlaidx=0>
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