News

Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.
An internal memo sent Monday aligns with earlier reports that the Department of Government Efficiency was targeting the FDIC ...
The Federal Deposit Insurance Corp. intends to let go more than 1,200 employees as part of the Trump administration’s plans ...
Chopra warned that DOGE is shuttering government functions, including those covered by major units in the CFPB, that will be ...
The Journal reported in November that women working at the FDIC received lewd ... That’s how many people at the FDIC reported misconduct, and many were current employees, two people with ...
A cohort of Democratic senators on the banking committee expressed concern over the Department of Government Efficiency's ...
The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments.
Impact of the FDIC on the economy The FDIC helps people keep confidence in banks by ensuring they don't need to worry about losing money in accounts that are advertised as risk-free. With the FDIC ...
On April 18, the FDIC announced that it amended its 2023 consent order against an insured state nonmember bank, as well as issued a new order ...
CDs have captured people's financial imaginations recently ... another bank to take over the failing one. If that doesn't ...
Senate Democrats led by Elizabeth Warren want more information about what Elon Musk’s Department of Government Efficiency is ...
The OCC has removed “reputational risk” from its handbooks and guidance and the FDIC is moving to do the same.