FDIC Proposes Independent Supervisory Appeals
Reflecting ongoing demands for independent ombudsmen and review processes, the FDIC late Friday proposed to replace its Supervision Appeals Review Committee with an independent Office of Supervisory Appeals that has authority to issue material supervisory determinations.

Postal Banking Absent from House USPS Bill
Despite expectations that House Democrats would include postal banking provisions in their emergency legislation to block changes to USPS services, the bill is silent on this financial-sector priority.

Daily082420.pdf