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 ...

Federal Deposit Insurance Corp. acting Chair Travis Hill on Tuesday suggested the agency consider changing how it calculates the Deposit Insurance Fund's reserve ratio. Hill, in comments at the FDIC's ...

Ex-federal worker fired twice describes having insurance canceled, backdated after surgery Days after having major spinal surgery, the Maryland mom and homeowner worked from bed after receiving a ...

WASHINGTON — On the campaign trail, President Donald Trump promised to reduce federal bureaucracy. Nearly three months into his second administration, Trump has kept that promise by asking ...

Newly hired federal employees are placed under a probationary period lasting one or two years. During this period, agencies evaluate their employees’ suitability for the role and their performance.

The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities. ”The Board is rescinding its 2022 supervisory letter ...

Officials say Mackey held a "position of public trust" as an employee of the Federal Deposit Insurance Corporation. Agents are looking to identify any other victims in this case. Anyone with ...

U.S. Immigration and Customs Enforcement agents arrested a local federal employee on Tuesday in connection with the sexual exploitation of children. Jonathan Mackey, 46, of Loveland, is facing ...

The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the complete amount it owed for deposit insurance. According to a press ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014. Daniel Tepper Bloomberg ...

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for ...