News

The Treasury secretary tells the House Financial Services Committee that he is vetting candidates to fill the role and says ...
Four senators argued DOGE’s presence could threaten the $137 billion Deposit Insurance Fund, potentially undermining the FDIC ...
Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.
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What Is the FDIC?
The Federal Deposit Insurance Corp., an independent federal agency ... As of December 31, the FDIC's Deposit Insurance Fund contained $137.1 billion. Under federal law, the FDIC must keep $1 ...
Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit ... must pay into the deposit-insurance fund after the 2008 financial crisis.
Acting Chair Travis Hill's push for quick weekend bank sales signals a break from past crisis strategies — but some experts ...
Senate Democrats led by Elizabeth Warren want more information about what Elon Musk’s Department of Government Efficiency is ...
The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...
Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ so-called living wills so they’re no longer built around a hypothetical ...
Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance ... the biggest U.S. banks must pay into the deposit-insurance fund after ...