Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

The Federal Deposit Insurance Corporation is a United States government corporation providing deposit insurance to depositors in US banks. The FDIC was created by the 1933 Banking Act during the ...

Sen. Elizabeth Warren (D-Mass.) on Wednesday said the $250,000 cap on deposit insurance should be reexamined to better suit small business and nonprofit organizations. “I think that we should ...

The Federal Deposit Insurance Corporation is reportedly mulling a plan to force the nation’s largest banks to foot the $23 billion bill it incurred for backstopping depositors who put money in ...

does not outright propose getting rid of the Federal Deposit Insurance Corporation (FDIC) or government-backed deposit insurance. Project 2025, however, does not explain what this would mean for ...

Over the weekend, the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corporation issued a joint statement noting that they were taking steps that “fully protec[t] all ...

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. Today, during a time of ...

By Alan Rappeport WASHINGTON — The Federal Deposit Insurance Corporation on Monday recommended that Congress consider expanding its regulatory powers to backstop certain deposits so that it ...