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The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump's allies were ...

WASHINGTON - All banks should pay for deposit insurance according to their risk of failure, and the $100,000 limit on account coverage should be pegged to inflation, the insurer FDIC is ...

The FDIC has also rescinded more than 200 job offers to new examiners, the front-line employees who monitor banks for early signs of problems, The Washington Post reported in January.

or send questions to it by e-mail to publicinfo@fdic.gov or by letter to the FDIC Public Information Center, 3501 North Fairfax Drive, Room E-1002, Arlington, VA 22226.

To be sure, bank failures have been relatively rare in the last few years. But when banks do fail, cus tomers can lose money if their deposits exceed the $100,000 FDIC insurance limit, government ...