Earlier this year, the Justice Department requested comment on whether to revise their 1995 Bank Merger Competitive Review guidelines, seeking input on a wide range of issues. The FDIC also issued a request for information on the Bank Merger Act framework.
However, people rightly expect their currency to provide not just security against depreciation but also security of the cash in circulation – in other words, banknotes and coins that are of good quality and, in particular, protected against counterfeiting.