The Independent Community Bankers of America (ICBA) is toasting the Government Accountability Office (GAO) for agreeing to examine the economic benefit that megabanks derive from their too-big-to-fail status.

In a news release Friday, the ICBA thanked the GAO for agreeing to study how banks with assets of $500 billion or more benefit from the belief that the government would not let them fail in a crisis. ICBA's chief executive, Camden Fine, said he was "encouraged" by the GAO's decision, and that the report will "help taxpayers better understand how these institutions affect our financial system and economy."

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