Protecting Banks and Depositors: The FDIC’s Vision for a Stronger Safety Net

Former JPMorgan Chase Global Chief Economist & PH.D. in Economics

The FDIC is going through a tumultuous period of soul-searching as it tries to understand what caused the banking crisis and what it could do to prevent it from ever happening again.  Regulators often try to operate by generating a consensus view of their staff and from those impacted by changes.  That includes insured and uninsured depositors, along wi…