Did you catch Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair on C-SPAN’s Newsmakers program this past Sunday? Her remarks during the interview about ongoing US community bank failures are worth highlighting, but have received little coverage from the MSM.
Bair was asked by a reporter during her C-SPAN appearance about the pace of FDIC-initiated bank closures and “how painful“ the closure process is for communities that lose their local banks.
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