Republican AGs Oppose FDIC’s Proposed Special Assessment to Recoup Bank Bailout Costs
Nine Republican AGs, led by Oklahoma AG Gentner Drummond, wrote a letter to the FDIC criticizing its proposed rule that would impose a special assessment on certain banking institutions to recoup the losses to the Deposit Insurance Fund that resulted from the FDIC’s bailout of uninsured depositors of Silicon Valley Bank and Signature Bank following…