Bank Merger Plans Panned From All Sides

Also, Freddie Mac quiets down on second-mortgage proposal; Warren goes after the Fed chief on Basel; Lizarraga wants SEC to move on bonus rule

[Note to readers: Capitol Account won’t publish tomorrow due to the federal holiday.]

It’s been nearly three years since the Biden administration, calling for a “revitalization” of merger oversight, ordered up a review of the government’s policies on bank combinations. Regulators, and the Justice Department, have been struggling to come up with a plan – …