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New FDIC head pushes to re-evaluate banking rulebook

Jelena McWilliams’s first interview signals openness to revamping certain capital-requirement rules

New FDIC head pushes to re-evaluate banking rulebook

Washington’s newest senior bank regulator is turning her agency’s agenda in the direction of policies being proposed by other Trump-appointed officials, adding momentum to a push to revisit rules adopted after the 2008 financial crisis.

Federal Deposit Insurance Corp chair Jelena McWilliams, in her first interview since being sworn in June 5, said she is ready to re-evaluate rules on bank capital, small-dollar loans and investments in low-income areas.

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