In 'Close' Call, 7th Circ. Backs FDIC In-House Enforcement

By Lauren Berg ( August 12, 2026, 10:05 PM EDT) -- In what the court called a "close and challenging call," the Seventh Circuit on Wednesday ruled the Federal Deposit Insurance Corp. could use in-house proceedings to adjudicate claims of unsound banking practices, rejecting a former Illinois community bank chairman's contention that such proceedings violate his right to trial by jury....

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