The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments.

A Department of Government Efficiency team is working with FDIC leadership to "increase efficiency," which could include cuts to contracts and streamlining staff. FDIC says DOGE staffers have ...

Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ so-called living wills so they’re no longer built around a hypothetical ...

The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.

The FDIC issues new guidance allowing banks it oversees to engage in crypto services without seeking pre-approval. This reverses strict policies imposed under the Biden administration.

So when FDIC insurance comes up again for regulatory reviews, job No. 1 for public treasurers should be a laser focus on transaction accounts as the highest priority for expanded FDIC limits.

What Is Going on With the FDIC? Trump and DOGE Raise Questions for Depositors Here’s what’s reportedly being considered for the agency and how it could affect bank accounts.

Jonathan McKernan, a Republican director at the Federal Deposit Insurance Corp., said Monday he would leave the bank watchdog to maintain the political balance of the agency’s board.

The FDIC has been accused in an ongoing Coinbase-backed suit of omitting crypto “pause letters” it sent to banks.

Context Project 2025 does not explicitly propose eliminating the FDIC; rather, the document suggests the corporation merge with other federal financial agencies. A 2017 report by The Heritage ...

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.

The US Federal Deposit Insurance Corporation released several letters sent to banks in 2022 over “crypto asset-related activity” as part of a FOIA lawsuit backed by Coinbase.