![CORE_WS](https://webarchive.library.unt.edu/web/20130218114328im_/http://www.corker.senate.gov/public/vendor/_skins/default/images/headertext.jpg)
![](https://webarchive.library.unt.edu/web/20130218114328im_/http://www.corker.senate.gov/public/vendor/_skins/default/images/home/8.jpg)
CORKER TO FDIC: END FAVORITISM FOR CREDITORS IN LARGE BANKS
February 15, 2013
WASHINGTON – Following up on questions posed during yesterday’s Banking Committee hearing on U.S. financial stability, U.S. Senator Bob Corker, R-Tenn., today sent a letter to FDIC Chairman Martin Gruenberg asking him to end favoritism for creditors when establishing rules for liquidating a failed bank. Many industry analysts believe implementation of the orderly liquidation process under Title II of the Dodd-Frank Act could protect creditors of a failing financial institution from taking losses if the debt is not issued at the holding company level. “I urged you to ac... [continue]Featured Videos
WASHINGTON – U.S. Senator Bob Corker, R-Tenn., said he hopes President Obama will focus on fiscal issues when he delivers his State of the Union address tonight.
View All Videos
View All Videos
![Corker in the News Corker in the News](https://webarchive.library.unt.edu/web/20130218114328im_/http://www.corker.senate.gov/public/vendor/_skins/default/images/recentheadlines.gif)
![Photo Gallery Featured Image Header](https://webarchive.library.unt.edu/web/20130218114328im_/http://www.corker.senate.gov/public/vendor/_skins/default/images/featuredimageheader.gif)
February 17, 2013 - Senator Corker, ranking member of the Foreign Relations Committee, receives a briefing from AFISMA (African-led International Support Mission in Mali) command leadership in Bamako, Mali during a fact-finding trip in West Africa today.
Choose your region by
selecting your county
selecting your county