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Ex-FDIC Chair Bill Isaac Says Regulators Were 'Slow To Act' During Banking Crisis: More Regulation Would Be 'Counterproductive'
Thursday, March 30, 2023 - 12:27am | 385Former Federal Deposit Insurance Corporation, or FDIC, Chair Bill Isaac reportedly said that regulators were slow to act in the wake of the banking crisis but asserted there's no need for more regulation. What Happened: "I believe they were slow to act — both the state of California, which was the...