The FDIC has also rescinded more than 200 job offers to new examiners, the front-line employees who monitor banks for early signs of problems, The Washington Post reported in January. A ...
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.
"It is clearly intended to require most agencies (including the FDIC) to assess whether any specific employee is engaged in activities 'not mandated by statute or other law' and 'not typically ...
Key presidential advisers have let it be known that they have their eyes on the Federal Deposit Insurance Corporation (FDIC). The focus for now is the “efficiency” of this independent agency ...
The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizable stakes. Representatives of the FDIC and BlackRock declined to comment. BlackRock ...
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 ...
The announcement comes after former National Credit Union Administration Chair Rodney Hood was tapped by the Trump administration Friday to serve as acting Comptroller of the Currency — a role whose ...
"I hope that what's been rumored is not going to come to pass. I think it would be a serious mistake to decide to get rid of the FDIC or the merging into another agency," Isaac says. This comes as ...
New rules would require a public comment period and then a final vote by the FDIC board.
They have also discussed combining the FDIC’s regulatory role with the Office of the Comptroller of the Currency under Treasury.
Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...