But like any other entity, banks can fall on tough times. According to the Federal Deposit Insurance Corporation, two banks have failed so far this year and five failed in 2023. So how can you ...

Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...

Simply put, Federal Deposit Insurance Corporation insurance protects your money if your bank fails. Safeguarding your deposits is always important, but it’s particularly crucial during ...

Separate from its recommendations in Project 2025, the Heritage Foundation has previously advocated for completely phasing out deposit insurance. The FDIC is an independent federal agency created ...

A government-wide hiring freeze has led the Federal Deposit Insurance Corp. to yank job offers to more than 200 new examiners, the front-line employees who closely monitor banks to ensure they ...

Posts claiming that Project 2025 — the political initiative put forward by The Heritage Foundation, a conservative think tank — would eliminate the Federal Deposit Insurance Corporation (FDIC ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

Instead, it proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would impact government-backed deposit insurance. The Heritage Foundation’s ...

The Heritage Foundation’s “Mandate for Leadership: The Conservative Promise,” the 922-page document commonly known as Project 2025, does not outright propose getting rid of the Federal Deposit ...