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Gruenberg’s decision to resign comes fewer than 24 hours before the long-time regulator is expected to testify before the House.

Exit or no, Gruenberg fires a policy bazooka

The Federal Deposit Insurance Corp. advanced several significant pieces of policy aimed at undoing Trump-era deregulation in a marathon board meeting today.

It was the most policy-packed FDIC board meeting we’ve seen this administration – certainly the longest we can recall. For theoretically outgoing Chair Martin Gruenberg, it felt like a kind of regulatory Alamo – a blast of Democratic banking policy before he may depart the embattled federal agency.

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From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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