[An Old Man]

"making the "last push" to seize control of the local banking institutions"

Have I been laboring under a false impression that that was accomplished many years ago when they put those neat little FDIC stickers on the bank windows.

[politicket]

Have I been laboring under a false impression that that was accomplished many years ago when they put those neat little FDIC stickers on the bank windows.

You're correct that banks have had Federal rules and insurance protection for many years. However, I'm talking about the situation where the Fed comes in and issues direct policy to the local banking institutions, rather than staying at the regional level.