The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ ...

Proposed weakening of capital rules for big lenders will not achieve the supposed aim of boosting the Treasuries market ...

CLEVELAND, Ohio - Under Ohio’s new budget, the state plans to take $1.7 billion out of the state’s $4.8 billion unclaimed property fund — and never give it back. That money will help build a new ...

Jamaica’s Deposit Insurance Fund (DIF) reached $47.5 billion at the end of 2024, up 15.2% from the previous year. The DIF now covers over 96% of all deposit accounts in the banking system, with ...

Addis Ababa, July 10, 2025 (ENA) – The Ethiopian Deposit Insurance Fund (EDIF) announced that it has collected a total of 13.84 billion Birr initial and annual premiums from member financial ...

To fund the expanded coverage, PDIC will utilize its Deposit Insurance Fund, which consists of premiums collected from member banks, reserves for insurance and financial assistance losses, and ...

The Federal Home Loan Banks, Part I here. The Federal Home Loan Bank (FHLB) system is a government-sponsored network of cooperatively owned wholesale banks established during the Great Depression to ...

An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund depletion, potentially triggering benefit cuts in 2032.

The ballooning legal costs have drained the state's self-insurance fund, leaving it with a projected deficit of more than $1 billion, according to a new disclosure by the state's top budget official.

Ohio’s unemployment fund is on an unsustainable path, and lawmakers remain divided over whether to fix it by cutting benefits or raising business taxes.

The Santa Anna National Bank's demise on June 27 marked the second bank failure of 2025 and the 15th since October 2019. The Federal Deposit Insurance Corp. took over the $63.8 million-asset bank, and ...