SAN DIEGO — Federal Deposit Insurance Corp. Chairman Sheila Bair received not one but two standing ovations from the Independent Community Bankers of America, a week after she was heckled by members of the industry's other main trade group.
Bair's reception at the ICBA convention here on Tuesday was a stark contrast to her tense exchange with the American Bankers Association. The affection was mutual, with Bair praising ICBA for staying engaged with lawmakers while "other financial trade groups" tried to kill the bill. (The ABA opposed passage of Dodd-Frank.)
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