The FDIC currently relies primarily on Dodd-Frank Act “living wills” that those banks are required to have to demonstrate how they would be dissolved. Those steps often require the use of what ...

Two joint statements from 2023 on liquidity and other risks regarding banks’ crypto-related activities were pulled on Thursday, the FDIC said. The move aims to clarify that banking organizations ...

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved ...

Senate Democrats led by Elizabeth Warren want more information about what Elon Musk’s Department of Government Efficiency is up to at the Federal Deposit Insurance Corp. Cutting jobs at the FDIC may ...

Fixed returns and FDIC insurance make them sound like a solid deal. But before you commit, it's worth asking: Do you really want to lock up your money right now? Let's take a closer look at why a ...

WASHINGTON, April 24 (Reuters) - U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related ...

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.

The reduction, which would downsize the agency by 20%, is part of the FDIC’s Workforce Optimization Initiative, according to the memo – meant to streamline the agency’s organizational ...

High-yield savings accounts offer over 4.00% APY with FDIC insurance and easy access. Treasury bills and money market funds are safe bets with better yields than most banks. CD ladders are a smart ...

The reduction, which would downsize the agency by 20%, is part of the FDIC’s Workforce Optimization Initiative, according to the memo – meant to streamline the agency’s organizational structure while ...

The job cuts are set to come through a combination of voluntary retirements and separations from the agencies, as well as leaving open jobs at the agency unfilled, FDIC leadership said in an email to ...

"The FDIC plans to reduce staffing by approximately 1,250 positions across most divisions and offices," the email told employees. "Some of these abolished positions include those eliminated through ...