An internal memo sent Monday aligns with earlier reports that the Department of Government Efficiency was targeting the FDIC ...

Eliminating the FDIC, which was created during the Great Depression nearly 100 years ago, would require authorization from Congress. The agency, which operates independently, insures deposits up ...

The Federal Deposit Insurance Corporation (FDIC) announced it will reduce its workforce by approximately 20% as part of a ...

Here’s how the FDIC works and why it was created. Photo illustration: Madeline Marshall Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break ...

As part of the Banking Act of 1933, the objective of creating the FDIC was to provide confidence that bank deposits were ...