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 ...

As part of the shift, FDIC Acting Chair Travis Hill said the agency is eliminating the need for banks to include hypothetical failure scenarios and bridge bank strategies in their next round of ...

There are still some areas of government spending that appear to be off limits to DOGE — and some agencies it hasn't touched.

According to the email, sent internally Thursday afternoon to FDIC staff by Dan Bendler, the FDIC's Deputy to the Chairman and Chief Operating officer, a small cohort of full-time government employees ...

The FDIC declined to comment when reached Tuesday. Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later expanded to $1.12 ...

That changed on Tuesday, when Acting FDIC Chairman Travis Hill previewed during a speech at the American Bankers Association Washington Summit that the FDIC intends to issue updated FAQs in the ...