FDIC Nominees Clear Key Senate Test After Gruenberg Survives Republican Attacks
Also, Bond traders breathe a sigh of relief after SEC delays rule on price quotes; Brown enters the fray on crypto legislation
In a good sign for all three FDIC nominees, the biggest dustup at their Senate confirmation hearing today was over the agency’s previous chairman, Jelena McWilliams. Her name was especially bandied about by Republicans who were eager to tie Martin Gruenberg, the current chairman pick, to the “coup” that resulted in McWilliams’ departure earlier this yea…
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