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  • "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...'

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