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Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks
DC, district court judge Ana Reyes wrote in a Dec. 12 text order. “Defendant cannot simply blanket redact everything that is not an article or preposition.” Judge Reyes ordered the FDIC to ...
Yahoo23d
FDIC fires new employees as part of broader government layoffs
Staff at the FDIC, which monitors banks nationwide and backstops bank deposits via its insurance fund, were notified Tuesday morning of the firings. In an email seen by Reuters, staff were told ...
FDIC Approves Rollback of Biden-Era Bank Merger Plan
The Federal Deposit Insurance Corp. approved a proposal to rescind a Biden-era policy that required US bank mergers to face ...
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FDIC accused of omitting more crypto ‘pause letters’ in Coinbase-backed suit
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.
Reuters11d
FDIC moves to roll back merger policy that scrutinized larger deals
The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.
Wall Street Journal1y
FDIC Chairman Recants Testimony on Toxic Workplace Investigations
Federal Deposit Insurance Corp. Chairman Martin Gruenberg denied being subject to investigations for inappropriate workplace conduct at a House hearing, but later recanted his testimony, citing a ...