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Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions During the Pandemic before the U.S. House Committee on Financial Services, Statement of Jelena McWilliams Chairman Federal Deposit Insurance Corporation on Oversight of Prudential Regulators
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11/12/2020
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Release Date:11/12/2020
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Update Date:11/12/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);Office of the Comptroller of the Currency (OCC);National Credit Union Administration (NCUA);Federal Financial Institutions Examination Council (FFIEC);U.S. Securities and Exchange Commission (SEC);United States Court of Appeals for the Second Circuit;
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Congressional Committee Involved:U.S. House Committee on Financial Services
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Fdic Employee Involved:Jelena McWilliams
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Law Involved:Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act);Securities Investor Protection Act of 1970;Community Reinvestment Act (CRA);Federal Deposit Insurance Act (FDI Act);Bank Holding Company Act of 1987;Bank Secrecy Act (BSA);Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA);Competitive Equality Banking Act of 1987;
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Other Notable People Involved:Maxine Waters;Patrick McHenry;
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Other Institutions Involved:Financial Accounting Standards Board (FASB)
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Related Regulation:Volcker Rule;12 CFR Part 360;
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Related Legal Case:Madden v. Midland Funding, LLC, 786 F.3d 246 (2d Cir. 2015), cert. denied, 136 S. Ct. 2505 (2016)
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Source:FDIC Website
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