FDIC Proposes New Rule Clarifying Federal Interest Rate Authority
November 19, 2019
November 19, 2019
WASHINGTON, Nov. 19 -- The Federal Deposit Insurance Corporation issued the following news release:
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- Proposal to address marketplace uncertainty following 2015 court opinion
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The Federal Deposit Insurance Corporation's Board of Directors is proposing a new rule to clarify the Federal law governing interest rates state banks may charge their customers. The FDIC's proposal is intended to address marketplace uncertainty in the wake of . . .
* * *
- Proposal to address marketplace uncertainty following 2015 court opinion
* * *
The Federal Deposit Insurance Corporation's Board of Directors is proposing a new rule to clarify the Federal law governing interest rates state banks may charge their customers. The FDIC's proposal is intended to address marketplace uncertainty in the wake of . . .