WASHINGTON — The Federal Deposit Insurance Corp. unveiled its plans Tuesday to tie bank compensation practices to premium assessments, but the agency's outside directors made it clear they oppose the idea.
Both Comptroller of the Currency John Dugan and acting Office of Thrift Supervision Director John Bowman raised objections to charging higher premiums to banks with riskier compensation practices, which meant FDIC Chairman Sheila Bair had to rely on the agency's two other board members for the votes needed to put the plan out for public comment.
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