The U.S. federal government is facing mass layoffs in 2025, driven by DOGE and impacting multiple agencies. Check back daily ...

The memo, sent by VA Chief of Staff Christopher Syrek to undersecretaries, assistant secretaries, and other top officials at the apartment, sets out a goal to return its staffing to 2019 levels of ...

Suffolk-based TowneBank’s $120 million acquisition of Midlothian’s Village Bank and Trust Financial Corp. has been approved by the FDIC and the Virginia State Corporation Commission, clearing the way ...

Find insight on the FDIC, Kansas City Fed President Jeffrey Schmid , Elliott Management, and more in the latest Market Talks covering financial services.

It said it expects the review to be done by June, after which "VA will initiate Department-wide RIF actions," using an acronym for "reduction in force." In a response to a request for comment ...

Staff at the FDIC, which monitors banks nationwide and backstops bank deposits via its insurance fund, were notified Tuesday morning of the firings. In an email seen by Reuters, staff were told ...

The FDIC was created in response to thousands of bank failures nearly 100 years ago. It ensures depositors for certain account types up to $250,000 at more than 4,500 member banks.

Key presidential advisers have let it be known that they have their eyes on the Federal Deposit Insurance Corporation (FDIC). The focus for now is the “efficiency” of this independent agency ...