According to the email, sent internally Thursday afternoon to FDIC staff by Dan Bendler ... advised policymakers to avoid gutting the bank regulatory framework in the name of reform. Writing in ...

The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments. This, according to an internal email that was reportedly ...

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When Catherine Bell put her money into Yotta, a fintech that promised savers a chance to win money just by saving more in its FDIC-insured accounts, it seemed like a no-brainer. The Federal ...

President Donald Trump's shrinking of the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau add to ...

Who Runs the FDIC? A five-member board oversees the FDIC. All of the members are nominated by the president and confirmed by the U.S. Senate. Two of the members are the director o ...

The determined amount, however, fell short of the $1.12 billion the FDIC claimed the bank didn’t pay. “We are pleased the judge has ruled and have reserves reflecting the decision,” a ...

The FDIC already has lost hundreds of employees — or about 8% of its workforce — under the Trump administration’s deferred resignation program, they said.

On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) issued guidance on state nonmember bank and state savings association participation in certain cryptocurrency activities (“FIL ...

On April 18, the FDIC announced a consent order against a Delaware-based bank alleging that the bank engaged in unsafe and unsound banking practices and violated various federal consumer ...

In 2017, the FDIC sued the second-largest U.S. bank for failure to pay $1.12 billion in deposit insurance assessments in violation of the Federal Deposit Insurance Act, and claimed the bank had ...