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 ...

Chris Van Hollen, D-Md.; and Lisa Blunt Rochester, D-Del., expressed concerns that DOGE's actions — which include accessing sensitive bank data and reducing FDIC staff — could weaken the agency's ...

Instead, the regulator will look for updated resolution plans focused “more specifically on providing the FDIC the information it needs to rapidly market the institution and, if needed ...

In coming days, the Federal Insurance Deposit Corp. ("FDIC") will waive several requirements in the plans banks are required to draw up for an orderly wind-down, should a bank fail, what are ...

FDIC Hunting for Extra 20% Staff Cut as DOGE Descends on Agency, Bloomberg News Reports (Reuters) -U.S. Federal Deposit Insurance Corporation is looking for ways to cut staffing by an additional ...

The FDIC recently rescinded guidance requiring FDIC-supervised institutions to give notice to the FDIC before engaging in crypto-related activities. Banks regulated by the FDIC may now engage in ...

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 ...

“FDIC is the one fire service conference where we pull everybody together from all parts of the industry,” said David Rhodes, a retired fire chief who was once part of the Atlanta Fire Dept., and who ...

That’s better than keeping your money under your mattress. If you’re unsure whether your money is federally insured, use the FDIC’s tool, the Electronic Deposit Insurance Estimator.

On March 28, the FDIC released a list of administrative enforcement actions taken against banks and individuals last month. During February, the FDIC issued seven safety and soundness orders ...