Bloomberg Television
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Walmart Could Provide Benefit With Physical Bank: Bair
Posted
March 6, 2021
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March 6, 2021
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7:12Now PlayingMar.05 -- Former FDIC Chair Sheila Bair says that Walmart could provide banking access to those who otherwise lack access to financial services through its physical stores. Bair was the chair of the FDIC when Walmart applied for an industrial bank charter in 2005 and withdrew its application because it faced backlash from lawmakers and industry groups.
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