FDIC’s acting master lays aside priorities as supporters request action

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A coalition out of fifteen user organizations typed a letter Monday in order to the fresh Federal Put Insurance policies Corp. (FDIC), clicking the brand new institution to compromise upon partnerships between fintechs and you can banking companies that enable excessively interest levels.
The fresh letter emerged on the day the fresh new regulator’s Trump-appointed settee, Jelena McWilliams , stepped down and you can Democrat Martin Gruenberg grabbed more for the a performing skill.
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