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White House to Nominate Martin Gruenberg for New Term as FDIC Chairman
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wsj.comWASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.
The move comes during a lengthy period of uncertainty over leadership at the agency and is certain to please progressive Democrats, who favor Mr. Gruenberg as an experienced policy hand generally favoring stricter industry oversight.
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