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7th Circ. Judge Probes FDIC's In-House Enforcement Powers

By Celeste Bott ( September 3, 2025, 6:18 PM EDT) -- A Seventh Circuit judge on Wednesday pushed counsel for the Federal Deposit Insurance Corp. to address whether an Illinois community bank's ex-chairman alleging the agency's in-house proceedings are unconstitutional waived his Seventh Amendment right to trial by jury by virtue of working at an institution that participates in the FDIC's insurance program....

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