The Federal Reserve — a key regulator of U.S. banking — is about to have a new vice chairman for supervision, Michelle Bowman, who will ultimately guide how the Fed oversees the financial ...

The Federal Reserve has kept rates steady through 2025 after cutting them three times in late 2024, giving savers a window to lock in competitive returns before any potential future changes.

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%.

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 ...

Capital One has agreed to pay $425 million to settle a class-action lawsuit over allegations it withheld higher interest rates from certain savings account customers, according to federal court ...

Fintech company Chime files for Nasdaq IPO “Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the U.S. Federal Deposit Insurance Corp.

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 ...

And if you deposit at least $100,000 in My eBanc’s money market account, you get a 3.9% yield. Balances of less than $100,000 earn 3.4% (if your balance falls below $5,000, you’ll be charged a ...

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.

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 ...