The Unusual Story of a New FDIC Chairman's Award

Also, banks threaten to sue Fed over debit swipe fee cap; three agencies release Wall Street bonus proposal; new OMWI director at SEC

Last month, Martin Gruenberg unveiled a “chairman’s honorary award,” named after a now-retired, longtime official at the FDIC. It’s the type of announcement that doesn’t typically garner a lot of attention, especially at a time like now when the agency is consumed by high-profile investigations into its workplace culture.

But sources tell Capitol Account…