FDIC to sell assets of covered financial companies

E1656167 UNEXPLORED

"FDIC to sell assets of covered financial companies" refers to the Federal Deposit Insurance Corporation’s power under U.S. law to dispose of the assets of failing, systemically important financial firms in an orderly manner to protect financial stability and minimize taxpayer exposure.

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Title II – Orderly Liquidation Authority → authorizes → FDIC to sell assets of covered financial companies ⓘ