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The FDIC moved forward today with a policy shift that would raise the regulatory bar for bank mergers to win government approval.

Regulators get a bipartisan drubbing on capital, FDIC culture

The Biden administration’s bank regulators testified before the Senate Banking Committee this morning. We heard a lot about bank capital reform and concerns about one agency’s work culture.

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Presented by Apollo Global Management

Over the next decade, an estimated $75 trillion is needed to modernize US industries. Apollo is stepping up with investments to power infrastructure, energy and technology for America’s next chapter. Learn more.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Apollo Global Management

Over the next decade, an estimated $75 trillion is needed to modernize US industries. Apollo is stepping up with investments to power infrastructure, energy and technology for America’s next chapter. Learn more.