The Federal Deposit Insurance Corporation (FDIC) board of directors approved the withdrawal of proposed rules relating to brokered deposits, corporate governance, the Change in Bank Control Act and incentive-based compensation arrangements. The proposals would have, among other things, expanded the definition of “brokered deposits,” augmented corporate governance responsibilities and increased oversight of certain bank investors. The withdrawal of the proposed rules signals the FDIC’s reevaluation of regulatory priorities under a Republican-led board.