Big-bank mergers face new hurdles amid Washington power struggle

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American Banker, December 13, 2021, Big-Bank Mergers Face New Hurdles Amid Washington Power Struggle

An unexpected salvo by Democratic appointees at federal banking agencies has added another complication to large and midsize bank mergers, which were already lagging in the face of regulatory delays.

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The recent drama in Washington is expected to continue slowing down a review process that has already caused delays, National Community Reinvestment Coalition CEO Jesse Van Tol said in an interview.

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