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The OCC proposed amendments to its rules, and a related policy statement, governing mergers involving (i) national banks, (ii) federal savings associations and (iii) federal branches and agencies of foreign banks.

Commentary by Steven Lofchie

Twelve Senate Democrats urged FRB Vice Chair Michael S. Barr, FDIC Chair Martin J. Gruenberg and OCC Acting Comptroller Michael J. Hsu to adopt proposed regulatory capital rules "to complete adoption of the Basel standards, strengthen the resiliency of our financial system, and ensure that American consumers, workers, and businesses are better protected from future economic distress."