- Board members want more say in process usually handled by Fed
- Draft, competing plans were debated at meeting on Thursday
The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies that want to take major stakes in banks.
The regulator debated on Thursday competing proposals to bolster scrutiny of influence that investment companies exert over bank holding companies. Ultimately, the FDIC tabled both plans but signaled it would seek more say over a contentious area that’s historically been handled by the Federal Reserve.
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