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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.

Biden admin makes bank merger crackdown official

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

The policy, cleared along partisan lines by the FDIC board this morning, coincides with similar steps previewed by the Justice Department earlier this week. Like much of the Biden administration’s financial agenda, we expect this to be challenged in court by the banking sector.

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Presented by AstraZeneca

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

Presented by AstraZeneca

The 340B program is supposed to help vulnerable patients—but without strong safeguards, it’s siphoning away funds that could be used for free and charitable medicine. The 340B Rebate Model Pilot improves program integrity, preventing duplicate discounts and strengthening accountability. Urge HHS to implement the pilot today. Learn why it matters.

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