The regulator responded to a FOIA request about a massive data breach at a software company it uses to manage its ...

The GENIUS Act, the stablecoin legislation currently moving through the Senate, might be the best chance to deliver a ...

The House Financial Services Committee passed a crypto oversight bill in a 32-19 vote, as well as several other bills bankers ...

Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with ...

Congress appears set to continue making progress on crypto legislation, with the Senate expected to pass a bill to regulate ...

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%. At the end of ...

A version of the “One Big, Beautiful Bill” from Friday would also cut pay for the Fed’s non-monetary policy employees and ...

The Senate Banking Committee is planning to eliminate all mandatory funding for the Consumer Financial Protection Bureau and ...

“Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the U.S. Federal Deposit Insurance Corp. Still, the company cited Bank of ...

Dig deeper: How to find and open a high-yield savings account in 5 steps The Federal Deposit Insurance Corporation tracks monthly average interest rates paid on savings and other deposit accounts ...

U.S. banks held $482.4 billion in total unrealized losses on securities investments at the end of 2024, according to Federal Deposit Insurance Corporation data, an increase of $118 billion ...