FDIC Acting Chairman; Board lead on the interim final rule
Appears in 2 stories
FDIC Acting Chairman; Board lead on the interim final rule - Overseeing the special-assessment recalibration and future offsets framework
The FDIC spent 2024–2025 billing big banks for the emergency decision to make SVB and Signature depositors whole. Now, with one quarter left in the planned eight-quarter collection, the agency is lowering that final rate and trying to prevent an awkward ending: collecting more than the losses it’s legally required to recover.
Updated Dec 19, 2025
Acting Chairman, Federal Deposit Insurance Corporation - FDIC leader endorsing rollback and promising principles-based supervision
In March 2013, U.S. bank regulators issued joint supervisory guidance on leveraged lending to prevent a return of pre-2008-style underwriting excesses, with examiners informally anchoring scrutiny around a roughly six-times-EBITDA leverage benchmark. Over the next decade, banks’ pullback helped shift riskier deal finance toward private-credit funds, CLOs, and other nonbanks—expanding an opaque “shadow banking” ecosystem even as regulators maintained the guidance was supervisory, not a binding rule.
Updated Dec 11, 2025
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