With the rumor mill heating up as President Donald Trump inches closer to the privatization of Fannie Mae and Freddie Mac, Michael Bright, former COO of Ginnie Mae and current Structured Finance ...

The FDIC issued three orders against Discover on Friday — one carrying a $150 million fine; one requiring the company to distribute at least $1.225 billion in restitution to overcharged customers; and ...

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 Federal Deposit Insurance Corporation has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval.This reverses a controversial ...

The exit of Goldsmith Romero, who was a grounding force for those wanting to put a regulatory stamp on the industry, and potentially, quite soon, ... She is the person President Joe Biden nominated to ...

The FDIC on Feb. 17 laid off around 170 probationary employees and last week lost around 500 workers to the Trump administration’s deferred resignation “buyouts.” ... “You’re relatively comfortable as ...

McKernan's nomination may be an effort by the White House to take the heat off Elon Musk's Department of Government Efficiency, which now has confidential supervisory information on banks and nonbank ...

The Federal Deposit Insurance Corporation (FDIC) has released 790 pages of crypto-related correspondence amid a regulatory reset in Washington DC.

The US Federal Deposit Insurance Corporation has been accused of omitting more crypto-related “pause letters” it sent to banks in an ongoing Coinbase-backed Freedom of Information Act lawsuit.

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

FDIC insurance covers deposit accounts, such as checking and savings accounts, CDs, and money market accounts. What FDIC insurance doesn't cover. FDIC insurance is insurance on deposit accounts.