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'It would be very healthy for the financial industry generally and very healthy for businesses, more generally,' said FDIC vice chairman Hoenig.

Glass-Steagall Bill 'Deserves Healthy Debate': FDIC's Hoenig

The Senate's latest proposal to break up the big banks faces an uphill battle, but FDIC Vice Chairman Thomas Hoenig still says it could have a major impact on the movement to separate big banks' commercial and investment activities.

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