"Getting rid of the FDIC would be a disaster for the U.S. economy and its preeminent status as a financial center," said Brett House, economics professor at Columbia Business School.

The American people deserve a restoration of integrity and purpose to the FDIC. Our financial markets, and your bank account, depend on it. Justin Bis is the Director of the Financial Fairness ...

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.

Sheila Bair, who led the FDIC during the 2008 financial crisis when a number of major banks collapsed, blasted the idea of eliminating the FDIC as a “REALLY BAD idea” in a post on X.

Regulation and compliance FDIC fights latest challenge to the use of in-house judges By Kevin Wack August 26, 2024, 9:44 p.m. EDT 3 Min Read Bloomberg ...

During a call with the FDIC’s loan servicer, Thompson disputed the $269,120.58 balance shown on his invoice (which consisted of the $219,000 Thompson had borrowed plus interest), stating that he ...