The full piece from @AmerBanker is insightful and worth your time. For more perspective on the state regulator seat on the FDIC Board, you can read our letter to Senate leadership. https://t.co/QGfR4EUlMZ

"The reason they are there is that there is real value in having rules crafted by a group of people who see things differently or at least from different perspectives. It is a measure to prevent "groupthink" on the one hand and arrive at better.. policies on the other."

"These kinds of requirements are all over the financial regulatory apparatus...The Federal Reserve has a requirement similar to the FDIC's that requires 'at least one member with demonstrated primary experience working in or supervising community banks...' https://t.co/oeC6y1S8Q6