United States: FDIC Refutes Joint Statement Asserting That FDIC Approved Comment Request On The Bank Merger Act - Cadwalader, Wickersham & Taft LLP

The FDIC refuted a joint statement made by CFPB Director Rohit Chopra and FDIC Board member Martin J. Gruenberg that the FDIC Board had approved a request for information and comment on bank merger transaction rules, guidance and statements.