Updated Thursday, October 23, 2014 as of 3:17 PM ET

How Hoenig, Norton Wield Influence on FDIC Board

Last month's approval of a purer capital measure for the biggest banks was not only a major step in regulators' response to the crisis, but it also shed light on the clout of two policymakers with key roles in advancing the regulation, neither of whom heads one of the agencies that enacted it.

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