Letter of support to the Honorable Travis Hill, Acting Chairman, Federal Deposit Insurance Corporation, regarding RIN 3064–ZA48

Letter from Senators Cortez Masto, Curtis, Ricketts, King, Peters, Lee commending the Federal Deposit Insurance Corporation’s (FDIC) request for information on the agency’s approach to evaluating industrial loan company (ILC) charter applications and their support for the ILC charter and the laws Congress designed that permit the existence of ILCs.

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Response to Request for Information on Industrial Banks and Industrial Loan Companies and Their Parent Companies, RIN 3064-ZA48

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Reassessing the Strength of Industrial Banks: Evidence, Trends, and Policy Implications